TA Associates (TA) and Francisco Partners (FP) announced that they have signed an agreement to become co-controlling shareholders of TA’s existing portfolio company, Orisha.
The European Debt Finance team advised TA and the newco formed by TA in connection with the financing of TA’s reinvestment and FP’s investment into Orisha.
TA Associates is a leading global private equity firm focused on scaling growth in profitable companies. Since 1968, TA has invested in more than 560 companies across its five target industries – technology, healthcare, financial services, consumer and business services. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams worldwide to help high-quality companies deliver lasting value. The firm has raised $65 billion in capital to date and has over 150 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai and Hong Kong.
Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch 25 years ago, Francisco Partners has invested in more than 450 technology companies, making it one of the most active and longstanding investors in the technology industry. The firm has raised approximately $45 billion in capital.
Orisha is a leading European vertical software company based in France, established in 2003 to bring industry-specific ERP software to a variety of end markets in France. The Group now employs over 1,800 people and offers highly specialized vertical software solutions to over 40,000 customers. Orisha has grown revenue by approximately four times and transformed its operating model since TA’s initial investment in 2021, with over €250 million of revenue expected this year.
The Goodwin team was led by Hugh O’Sullivan and included Nadim Islam and Amber Bagshaw (Debt Finance, London), and Frederic Guilloux, Charlotte Mouradian and Alexander Hahn (Debt Finance, Paris), Dulcie Daly and Nathan Langford (Tax, London) and Charles-Henri de Gouvion Saint Cyr (Tax, Paris).
For more information, please read the press release.