TA completed the acquisition of a majority stake in PairSoft from from Turn/River Capital.

TA, a global private equity firm, completed the acquisition of a majority stake in PairSoft, a provider of procure-to-pay automation and payment solutions, from Turn/River Capital, a private equity firm. Financial terms were not disclosed. “This investment from TA marks yet another major milestone in PairSoft’s incredible growth timeline. From broadening our user base globally to reinforcing our products with in-house AI, we’ve made great strides in providing products highly tailored to finance teams, and I look forward to even more momentum as we begin this new chapter," Matt Cotter, PairSoft CEO.