TA Associates, a private equity and buyout firm, has announced the completion of a $200 million buyout of Global 360, Inc., a global software and services company providing business process management and optimization solutions. TA led the investment along with Technology Crossover Ventures (TCV), a provider of growth capital to technology companies, and JMI Equity, a private equity firm exclusively focused on investments in the software and business services industries.
Global 360 delivers a Business Process Management Suite (BPMS) that can help organizations around the world manage and optimize their critical business processes. The company's core technologies are content management, process management, goal management, process modeling, forecasting, simulation, analysis, reporting, and optimization. Goodwin Procter LLP served as legal counsel for TA Associates. Latham & Watkins LLP served as legal counsel for TCV and JMI. Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP served as legal counsel for Global 360.
(www.ta.com; www.tcv.com; www.jmiequity.com; www.global360.com)