TA X

TA Associates Management is a private equity investment firm established in 1968 and headquartered in Boston, Massachusetts. The firm specializes in growth equity investments across five targeted sectors: technology, healthcare, financial services, consumer products and services, and business services. TA Associates focuses on investing in profitable and growing companies that exhibit potential for sustained expansion. Its investment activities are primarily concentrated in North America and Europe, with a strategy aimed at identifying opportunities within established markets. As a Registered Investment Adviser, TA Associates is committed to fostering the growth of its portfolio companies while maintaining a disciplined investment approach.

Ashutosh Agrawal

Managing Director and Member of the Core Investment Committee

Birker B. Bahnsen

Managing Director

Jennifer Barbetta

Managing Director and COO

Dominic Benitez

Growth Equity Investor

Michael Berk

Managing Director

Elliott Brennan

Principal, Capital Markets Group

Max Cancre

Principal

Andrew Cardoza

Associate - Capital Markets

Mark H. Carter

Managing Director

Paul (Sang Woo) CHEUNG

Senior Associate and Investment Professional

William D. Christ

Managing Director

Stefan Dandl

Director

Jérémy Dréan

Principal

Hythem T. El-Nazer

Executive Committee Member, Managing Director

Sydney Gabrielson

Associate

Vishal Gupta

Director

Charles Ha

Senior Vice President

Tucker Hodgkins

Associate

Clara Jackson

President

Amit K. Jain

Senior Vice President

Sabina Kerr

Principal, Capital Markets

Timo Kienle

Associate

Lovisa Lander

Director

R. Alan Lane

Principal, Strategic Resource Group

Nicholas LeppLa

Senior Vice President

Xinxin Li

Associate

Mike Libert

Software Investor

Ethan K. Lieberman

Managing Director

Michele Lim

Senior Vice President

Oscar Loynaz

Associate

Tony Marsh

Managing Director, Chief Capital Markets Officer

Diana Martz

Senior Vice President, Human Capital - Strategic Resource Group

Kevin Masse

Managing Director and Chief Portfolio Officer

Emily C. McGinty

Principal

Aashray Mehra

Senior Vice President

Jason S. Mironov

Managing Director

Jennifer M. Mulloy

Managing Director

Ajit Nedungadi

CEO

Christopher Parkin

Managing Director

Naresh Patwari

Director

Dhiraj Poddar

Managing Director and Country Head

Patrick Sader

Managing Director

Aditya Sharma

Managing Director

Marshall Sloane

Associate

Amara Suebsaeng

Director

Andrew Tay

Director

Harry Taylor

MD

Rafael Telahun

Senior Vice President

Jason P. Werlin

Managing Director

Philip Yotov

Principal, Strategic Resource Group

Eric Zagorski

Senior Vice President

Rodrigo Bassit

Vice President

Brian Conway

Chairman

391 past transactions

Kline Hill Partners

Private Equity Round in 2025
Kline Hill Partners, established in November 2015 and based in Greenwich, Connecticut, is a private equity firm that specializes in the secondary market. The firm provides liquidity to investors holding smaller limited partnership interests in buyout, venture capital, and other private equity funds. Additionally, Kline Hill Partners acquires direct investments on a secondary basis in companies supported by established financial investors. By applying a professional and institutional quality approach, the firm aims to enhance the efficiency of smaller secondary transactions, positioning itself to address the unique needs of this market segment. As a Registered Investment Adviser, Kline Hill Partners is committed to maintaining high standards of expertise and service in its operations.

Smart Trade Technologies

Secondary Market in 2025
smartTrade Technologies provides Multi Asset End-to-End Trading Solutions to financial institutions. Watch the video to discover their core values and their mission statement.

QIMA

Private Equity Round in 2025
QIMA Limited is a company specializing in audit programs, product inspections, and laboratory testing for brands, retailers, and importers worldwide. Founded in 1997 and based in Causeway Bay, Hong Kong, QIMA offers a range of services including pre-shipment inspections, production monitoring, ethical audits, and compliance testing across various industries. The company serves over 30,000 clients in sectors such as consumer products, food, textiles, electronics, and industrial parts, ensuring quality and safety throughout the supply chain. QIMA combines on-the-ground expertise with digital solutions to provide accurate and transparent compliance data. Known for its commitment to integrity and simplicity, QIMA has built a strong culture among its 6,000 employees, aiming to innovate within the testing, inspection, and certification industry.

Nous Infosystems

Private Equity Round in 2025
Nous Infosystems is a leading global product engineering and IT services US-based company, empowering customers to future-proof their business by transforming them into digitally resilient organizations. Nous was founded with the vision of using technology to make a difference to customers and Nouseans. Today, we have grown into a global software services provider with a presence in 5 continents, reputed for product engineering expertise, and for our commitment to the success of the enterprises we serve. Nous Infosystems is an Information Technology provider delivering quality technology solutions to customers across the globe. We enable enterprises and technology providers to embrace innovation and stay ahead of the digital disruption curve. We have delivered futuristic yet cost-effective solutions in product engineering, digital transformation, data analytics, cloud, and more. We bring proven expertise and experience in delivering best-of-breed business technology solutions, making us the preferred technology partner to several global 2000 enterprises and ISVs. Customer-centricity is at the heart of everything we do. With deep competencies in digital transformation, cloud computing, data analytics, business intelligence, independent software testing, and remote infrastructure management, we empower our customers to embrace innovation and stay ahead of the digital disruption curve. We have in-depth expertise in Vertical & Technology ISV segments. Our investments in building top talent in digital, centers of competencies in emerging technologies, and key product partnerships have helped us to achieve the high standards of excellence that we have set for ourselves.

OmniActive Health Technologies

Acquisition in 2025
OmniActive Health Technologies specializes in manufacturing nutritional and active natural ingredients, primarily serving the healthcare, food, and personal care industries. Originating from Kancor Ingredients, a company with a legacy in extracting quality ingredients from whole foods since 1969, OmniActive focuses on providing specialized ingredients for dietary supplements and food fortification. Their product offerings include carotenoids, plant extracts, lutein and lutein esters, as well as various formulations such as cold water dispersible powders, soft gels, and two-piece capsules. This diverse range of high-quality specialty functional ingredients enables customers to enhance their products with natural sources.

Egnyte

Private Equity Round in 2025
Egnyte, Inc. is a provider of enterprise file sharing services that combines on-premises and cloud solutions to enhance collaboration and data security for businesses. The company's offerings include the Cloud File Server for online storage and collaboration, Storage Sync for bi-directional synchronization between local and cloud storage, and Storage Connect for direct access to local files. Egnyte serves a diverse range of industries, including technology, finance, education, healthcare, and entertainment, among others. The firm emphasizes unified content security and governance, helping organizations mitigate risks, prevent ransomware, and streamline IT complexity. With over 16,000 customers, Egnyte's platform integrates seamlessly with various cloud services and applications, allowing for secure access and centralized control. Founded in 2006 and headquartered in Mountain View, California, Egnyte operates data centers in both the United States and Western Europe and has established strategic partnerships with notable companies in the tech industry.

BRYCER

Private Equity Round in 2025
The goal of Brycer's technology and proactive services is to guarantee jurisdictional adherence to inspection, testing, and maintenance regulations.

Craigs Investment Partners

Acquisition in 2024
Craigs Investment Partners Limited is a prominent investment advisory and management firm based in Tauranga, New Zealand, with a network of 19 locations across the country. Established in 1984, the firm specializes in providing tailored investment solutions to a diverse clientele, including private individuals, corporations, trusts, institutions, and government entities. In addition to investment management, Craigs offers share brokerage and retirement services, emphasizing a client-centric approach. The firm conducts in-house research to inform its investment strategies, focusing on both public equity and fixed income markets worldwide. Previously known as ABN AMRO Craigs, the company has established itself as one of New Zealand's largest investment managers, reinforcing its commitment to delivering comprehensive financial services.

Certinia

Private Equity Round in 2024
Certinia is a developer of a cloud-based business platform that focuses on enhancing operational efficiency through its Services-as-a-Business offerings. The company provides a range of integrated solutions, including cloud accounting software, billing applications, financial management, professional services automation, human capital management, and supply chain management. By leveraging intelligent analytics and comprehensive practices, Certinia enables clients to adapt their business models effectively, placing customers at the forefront of their operations. The platform aims to accelerate business value and streamline processes across various aspects of service delivery.

Solifi

Acquisition in 2024
Solifi is a global finance technology company that specializes in providing cloud-based solutions for various sectors, including automotive finance, equipment finance, wholesale/floorplan finance, and working capital. The company develops software tailored for financial institutions and equipment-leasing companies, offering tools for lease origination and portfolio management. Its platform supports clients by streamlining all aspects of originations and analytics, enhancing both front-office and back-office decision processes. By focusing on operational efficiency, Solifi enables enterprises to optimize their financial operations and drive growth in a competitive market.

Harvest

Private Equity Round in 2024
Harvest is a provider of time tracking and online invoicing services tailored for freelancers and small businesses. The company emphasizes user-friendly, web-based software designed for professional services, catering to a diverse clientele that includes freelancers, creative service firms, and teams within large organizations and non-profits. Its software is accessible across various platforms and devices, including web browsers, desktop applications, and mobile devices, ensuring flexibility for users. By focusing on simplicity and functionality, Harvest aims to streamline the financial management process for its customers.

Aptean

Private Equity Round in 2024
Aptean is a provider of industry-specific enterprise software solutions, focusing primarily on enterprise resource planning (ERP) systems. The company develops software designed to assist manufacturers and distributors in optimizing their operations and enhancing productivity. Aptean's solutions encompass a wide range of business functions, including resource management, transportation and warehouse operations, compliance, manufacturing execution, and product life cycle management. By streamlining these critical processes, Aptean aims to support businesses in effectively managing their resources and achieving sustainable growth.

Solarity

Private Equity Round in 2024
EDCO Health Information Solutions' patented medical record indexing software, Solarity, maximizes efficiency and improves quality in pre- and post-discharge document capture. Utilized in acute and ambulatory settings across North America, Solarity delivers complete electronic patient charts to clinicians for comprehensive patient care.

Edmunds GovTech

Private Equity Round in 2024
Edmunds Govtech is the provider of cloud and on-premise ERP (enterprise resource planning) software solutions for local government. The company's solutions help the organization manage expenditures and revenues, produce a budget, deliver robust reports, and seamlessly integrate with all applications, a personnel management solutions, a cloud-based modules allowing customers to view and pay bills online, check permits, log complaints and check statuses and a suite of mobile applications allowing users to access, edit, and enter information.

SER Group

Private Equity Round in 2024
SER Group specializes in the development of Enterprise Content Management (ECM) software, focusing on creating efficient and user-friendly document management solutions. With over 30 years of experience, the company has successfully completed more than 2,000 projects and serves over 1 million users, establishing itself as a leading independent vendor in Europe. SER's intelligent content automation platform is designed to support medium-sized companies, corporations, and public administrations by unifying and automating content and processes across various ecosystems. This approach helps organizations break down data silos and maximize their return on information. With a team of over 550 employees and a network of experienced partners, SER offers personalized consultancy, implementation support, and long-term maintenance services to its clients, ensuring effective and economic business processes.

PowerGEM

Private Equity Round in 2024
PowerGEM provides research and software on the economic & technical consequences of transmission congestion in competitive power markets.

AGA Benefit Solutions

Private Equity Round in 2024
AGA Benefit Solutions is an insurance brokerage firm based in Westmount, Canada, specializing in the development and administration of customized group insurance and annuity plans. The company serves a diverse clientele, including small, medium, and large businesses, as well as financial security and group insurance consultants throughout Canada. Acting as third-party administrators and payers, AGA Benefit Solutions assists its clients in creating tailor-made insurance solutions that meet their specific needs, ensuring effective management of group insurance and retirement plans.

Agilio Software

Private Equity Round in 2024
Agilio Software is a provider of compliance and human resource solutions specifically designed for the dental industry. The company offers a range of services that include HR consultancy, compliance support, and training platforms tailored to the needs of dentists. Its flagship software, iComly, enables dental practitioners to effectively manage compliance practices, ensuring adherence to regulations and improving operational efficiency. By serving not only dentists but also extending its services to other healthcare sectors such as primary care and veterinary practices, Agilio Software facilitates the management of various activities within modern healthcare settings.

Computer Services (CSI)

Private Equity Round in 2024
Computer Services, Inc. (CSI) is a customer service company that delivers innovative technology solutions to banks, financial institutions, and other businesses.

Rocscience

Private Equity Round in 2024
Rocscience is a company that specializes in developing advanced geotechnical software tailored for civil engineering and mining applications. The firm focuses on both 2D and 3D modeling and analysis of rock and soil, providing tools that enhance safety and reduce costs associated with evaluating surface and underground rock structures. Its software is widely utilized by engineers in various sectors, enabling more efficient and accurate assessments in the fields of civil and mining engineering.

KatRisk

Private Equity Round in 2023
KatRisk is a catastrophe modeling company specializing in flood and wind risk assessment. The company develops software that delivers advanced catastrophe services, allowing for the rapid modeling of multi-event scenarios and providing comprehensive loss analytics. Its application supports insured loss calculations tailored for primary insurance and reinsurance markets, accommodating complex financial structures. By offering robust disaster risk solutions, KatRisk serves insurance, reinsurance, and brokerage firms, helping them effectively manage and mitigate potential losses from natural disasters.

Advantive

Private Equity Round in 2023
Advantive is a provider of specialized software solutions designed for manufacturing and distribution businesses. The company develops purpose-built services that address various operational needs, including schedule optimization, quality management, sales order processing, inventory management, fulfillment, financial management, e-commerce, and reporting and analytics. By offering these comprehensive tools, Advantive enables clients to streamline complex processes, enhance operational visibility, and ultimately improve profitability and revenue growth.

Epassi Finland

Acquisition in 2023
Epassi Finland is a fintech company that provides a mobile payment solution tailored for managing employee benefits. The Epassi app simplifies the process by allowing employers to fund their employees' accounts, enabling seamless payments for various benefits such as meals, transportation, healthcare, exercise, and cultural activities. Acting as an intermediary between employers and merchants, Epassi enhances the efficiency of benefit distribution while ensuring compliance with tax requirements. The platform is designed to support employee well-being by offering a comprehensive and flexible service that meets the diverse needs of users, promoting both physical and mental health in the workplace.

Epassi Finland

Acquisition in 2023
Epassi Finland is a fintech company that provides a mobile payment solution tailored for managing employee benefits. The Epassi app simplifies the process by allowing employers to fund their employees' accounts, enabling seamless payments for various benefits such as meals, transportation, healthcare, exercise, and cultural activities. Acting as an intermediary between employers and merchants, Epassi enhances the efficiency of benefit distribution while ensuring compliance with tax requirements. The platform is designed to support employee well-being by offering a comprehensive and flexible service that meets the diverse needs of users, promoting both physical and mental health in the workplace.

Fintech

Private Equity Round in 2023
Fintech is a provider of payment and data solution for the alcohol industry.

Alpha II

Acquisition in 2023
Alpha II Software Solutions specializes in developing healthcare software applications and toolkits aimed at enhancing the revenue management cycle within the healthcare sector. The company offers a range of products, including CodeWizard, a software development kit that allows provider partners to enhance their applications; ClaimStaker, which provides healthcare organizations access to advanced claim adjudication technology; and CodingSystem, a desktop application for code lookup and edits. Alpha II's solutions cater to healthcare providers, clearinghouses, and government entities, focusing on coding, billing, claims processing, and revenue analysis. By ensuring compliance and facilitating health data transactions, Alpha II aims to improve precision across the reimbursement process.

Diatech Pharmacogenetics

Private Equity Round in 2023
Diatech Pharmacogenetics is the Italian leader in the development, production and commercialisation of pharmacogenetics tests for cancer precision medicine. Founded in 1996, Diatech Pharmacogenetics has sustained constant organic growth over the years and now owns more than 70% of the Italian molecular diagnostic market and it is rapidly growing worldwide; to date, more than 20.000 diagnostic tests have been performed using its solutions and every year Diatech Pharmacogenetics reinvests 20% of it revenues in R&D. Diatech Pharmacogenetics is able to take pharmacogenetics tests from idea to market on a variety of platforms, from real-time PCR to barcoded microarrays, mass-spectrometry and next generation sequencing, supplying all reagents, instruments, materials and support necessary. Its complete solutions guide diagnostic operators from sample extraction, quality control, molecular assay to bioinformatic analysis and report. The latest products launched include a liquid biopsy cfDNA extraction kit, a real-time PCR system with all reagent provided in a dry and stable format, micro-satellite instability assays and an end-to-end NGS solution that works on both Illumina and IonTorrent platforms. All Diatech products are developed under EN ISO 9001 and EN ISO 13485 and have been designed, developed and validated in accordance with the Directive 98/79/EC on in vitro diagnostic medical devices (CE-IVD).

MRH Trowe

Private Equity Round in 2023
MRH Trowe is an independent financial service provider. MRHT distributes its product offering through a strong network across 12 German cities nationwide and also has exclusive partnerships with more than 100 German savings banks.

Synokem Pharmaceuticals

Private Equity Round in 2023
Synokem Pharmaceuticals is engaged in the manufacturing and marketing of a diverse range of pharmaceutical products. The company produces over 500 formulations, including tablets, capsules, liquid orals, ointments, and hormonal gels, catering to various therapeutic needs. With a dedicated unit for quality management and an in-house testing laboratory, Synokem ensures timely delivery and responsiveness to its clients. Additionally, the company operates a specialized facility for the production of hormonal preparations, reinforcing its commitment to safety and affordability in the pharmaceutical sector. Synokem also provides contract manufacturing services, enhancing its capacity to meet the demands of its clients in a competitive market.

Aptean

Secondary Market in 2022
Aptean is a provider of industry-specific enterprise software solutions, focusing primarily on enterprise resource planning (ERP) systems. The company develops software designed to assist manufacturers and distributors in optimizing their operations and enhancing productivity. Aptean's solutions encompass a wide range of business functions, including resource management, transportation and warehouse operations, compliance, manufacturing execution, and product life cycle management. By streamlining these critical processes, Aptean aims to support businesses in effectively managing their resources and achieving sustainable growth.

Hornetsecurity

Venture Round in 2022
Hornetsecurity is a cloud security company that specializes in email security and data protection for organizations of all sizes. The company offers a range of services designed to ensure safe email communication without the need for hardware or software investments, eliminating administrative burdens for IT managers. Its product offerings include premium spam and virus protection, email encryption, email continuity, and email archiving services. Additionally, Hornetsecurity provides advanced threat protection, web filtering, encrypted online storage solutions, and hosted exchange services. By delivering comprehensive security applications, Hornetsecurity helps clients defend against sophisticated cyber threats, including malware and spear-phishing attacks.

Technosylva

Private Equity Round in 2022
Technosylva is a technology company specializing in emergency solutions, particularly in the areas of forestry and wildfire management. The company develops GIS-based systems that support various applications, including land-use planning, fire management, hydrology, and emergency management. By providing tools for asset management, risk forecasting, and situational awareness, Technosylva assists fire agencies, electric utilities, and public safety organizations in making informed decisions quickly and efficiently. Their services are designed to enhance operational effectiveness during emergencies and improve overall safety in forest planning and management.

Green Street

Acquisition in 2022
Green Street Advisors, Inc. is a prominent independent research and advisory firm specializing in the commercial real estate sector in North America and Europe. Established in 1985 and headquartered in Newport Beach, California, the company offers a range of services, including in-depth research on real estate investment trusts (REITs), real estate analytics, and comprehensive consulting services. Its products include DataVault, a historical dataset on commercial real estate metrics, and the Commercial Property Price Index, which tracks U.S. commercial property values. Green Street also provides strategic advisory services related to REIT IPOs, conversions, spin-offs, and portfolio valuations. Its clientele comprises institutional investment managers, investment banks, real estate firms, and other financial entities, all seeking informed insights for effective capital allocation in the real estate market.

Intelerad

Private Equity Round in 2022
Intelerad offers medical imaging solutions tailored for radiology groups, hospitals, imaging centers, and teleradiology services. The company develops a platform that focuses on enhancing productivity and streamlining workflows within the healthcare sector. Its software specializes in various aspects of medical imaging, including distributed radiology services and workflow orchestration, allowing healthcare organizations to optimize their operations effectively. By providing these services, Intelerad aims to support clinicians and healthcare providers in delivering efficient and high-quality patient care.

The Access Group

Private Equity Round in 2022
The Access Group is a software consultancy and developer that offers integrated business management solutions primarily for mid-market businesses and non-profit organizations in the United Kingdom, Ireland, and the Asia Pacific. The company specializes in a comprehensive portfolio that includes enterprise resource planning (ERP), finance, human resources, payroll, recruitment, warehousing, business intelligence, professional service automation, and manufacturing. By providing a unified platform that connects various industry-specific products with financial and human resource systems, The Access Group enables clients to access accurate real-time data, thereby enhancing productivity and operational efficiency.

Apex Group

Private Equity Round in 2022
Apex Group is a global financial services provider headquartered in Hamilton, Bermuda, founded in 2003. It offers a comprehensive range of services to asset managers, capital markets, private clients, and family offices. By continually evolving its capabilities, Apex has established itself as a single-source solution in the industry, providing services that include fund administration, digital onboarding, depositary and custody services, and business services such as human resources and payroll. The company also offers innovative ESG Ratings and Advisory services tailored for private companies. With a strong global presence, Apex Group is committed to meeting the diverse needs of its clients through a broad spectrum of products and services.

Zifo RnD Solutions

Acquisition in 2022
Zifo RnD Solutions provides research and development, as well as data management services tailored for enterprise laboratories, particularly within the healthcare sector. The company specializes in scientific informatics, focusing on clinical data gathering, discovery, and lab informatics for regulated environments. By leveraging its scientific and technical expertise, Zifo aims to enhance the research processes of biopharma companies, facilitating the acceleration of innovation in the industry.

iCIMS

Private Equity Round in 2022
iCIMS is a talent cloud company that provides cloud-based software solutions to assist organizations in attracting, engaging, hiring, and advancing talent. The company's software facilitates the entire recruitment process, leveraging artificial intelligence to streamline hiring and engagement across various industries, including retail, healthcare, manufacturing, finance, and insurance. With a client base of over 4,000 organizations, including a significant portion of the Fortune 100, iCIMS supports companies in building diverse and qualified workforces, contributing to the employment of more than 30 million individuals worldwide.

TouchTunes

Acquisition in 2022
TouchTunes is a leading provider of interactive entertainment solutions for social venues, primarily bars and restaurants, across North America and Europe. Established in 1998, the company revolutionized the music experience with its digital jukebox, which allows patrons to pay for and select songs from a vast library. TouchTunes has expanded its offerings to include karaoke and photo booth functionalities, enhancing the entertainment experience in public spaces. Through its mobile app, users can easily locate nearby venues and control the music directly from their devices. With a commitment to innovation, TouchTunes serves over 75,000 locations, providing not only entertainment but also digital advertising and sponsorship opportunities across its multi-platform network. The company is privately held and headquartered in New York City, with additional offices in Chicago, Montreal, and the San Francisco Bay Area.

Veracode

Acquisition in 2022
Veracode is an independent provider of cloud-based application security and intelligence services, founded in 2006 and headquartered in Burlington, Massachusetts. The company offers a platform designed to identify and remediate security-related vulnerabilities throughout the software development lifecycle. By integrating security seamlessly into the development process, Veracode enables security teams, software developers, and enterprises to test and monitor the security of both internally developed and third-party applications. This comprehensive solution enhances the security of web, mobile, and outsourced software applications, ensuring that organizations can effectively address potential defects from the inception of their software projects.

Stonewall Kitchen

Acquisition in 2022
Stonewall Kitchen, LLC is a producer and retailer of specialty food products and kitchen goods, established in 1991 and headquartered in York, Maine. The company offers a diverse range of products, including baking mixes, sauces, dressings, jams, and ready-made meals, catering to various culinary needs. In addition to food items, Stonewall Kitchen provides kitchen and home products such as cookware, tableware, and storage solutions. The company also operates gourmet stores across several states in New England and runs a cooking school to enhance culinary skills. Stonewall Kitchen's products are available for purchase online and through retail outlets both in the United States and internationally, emphasizing quality and a premium selection.

Gamma Technologies

Private Equity Round in 2022
Gamma Technologies is a company that specializes in the development of multi-physics computer-aided engineering (CAE) simulation software tailored for various industries, including automotive, marine, power generation, and aerospace. The company's flagship product, GT-SUITE, is a comprehensive simulation software that enables users to model a wide range of physical phenomena, such as fluid flow, thermal systems, and mechanical and electrical processes. With an extensive library of physics-based modeling templates, GT-SUITE allows clients to accurately simulate and analyze engineering systems like vehicles, engines, and powertrains. This innovative software significantly enhances productivity by providing detailed insights into complex engineering challenges.

Adcubum

Private Equity Round in 2021
Adcubum AG specializes in providing software solutions tailored for the insurance industry in Switzerland, specifically focusing on health, accident, and property insurance sectors. The company's flagship product, Adcubum SYRIUS, offers a comprehensive claims processing system that addresses the entire value chain for insurers. In addition to software development, Adcubum provides a range of services including consulting, project management, system integration, and ongoing maintenance and support. The company also facilitates training and certifications for users of its software. Furthermore, Adcubum offers business process outsourcing services for auditing accounts and promotes sustainable innovation through its INNOVATIONS@ADCUBUM initiative, which focuses on enhancing product, service, and process management. Founded in 1998 and headquartered in Sankt Gallen, Switzerland, Adcubum is committed to helping insurance companies digitalize their operations, improve efficiency, and reduce costs.

tech11

Venture Round in 2021
tech11 provides a comprehensive digital platform for property and casualty insurance, aimed at assisting insurance companies and managing general agents in navigating the challenges of digitalization. Their platform supports the entire policy and claims management lifecycle and is available as a cloud-based software-as-a-service solution or for on-premises deployment. By facilitating the replacement of legacy systems, tech11's platform caters to both established insurers and new entrants in the insurance market, enabling them to streamline operations and adapt to fast-evolving ecosystems. It offers essential services such as policy management, claims management, document management, and business process management, featuring multi-tenant capabilities that accommodate various currencies and languages, thereby simplifying the technical complexities traditionally associated with insurance operations.

Nactarome

Acquisition in 2021
Nactarome are manufacturer and producer of natural food flavoring components, colours, and ingredients sector.

e-Emphasys Technologies

Private Equity Round in 2021
e-Emphasys Technologies is a global IT solutions provider specializing in industry-specific enterprise resource planning (ERP) software tailored for dealerships and rental companies in the heavy equipment sector, including construction, mining, forestry, material handling, and agriculture. The company delivers cloud-based ERP and dealer management system (DMS) solutions that facilitate a unified view of company data, enhancing customer experiences and operational efficiency. With a strong focus on helping clients achieve profitable growth, e-Emphasys has a proven track record of service delivery and consulting expertise that addresses the unique challenges faced by its customers. By offering comprehensive business solutions, e-Emphasys empowers clients to drive revenue growth at rates surpassing industry averages.

Riskonnect

Private Equity Round in 2021
Riskonnect, Inc. is a provider of cloud-based risk management software designed to help organizations manage and mitigate risks across various sectors, including healthcare, retail, manufacturing, finance, transportation, and insurance. Founded in 2007 and headquartered in Kennesaw, Georgia, with additional offices in locations such as London and Sydney, the company offers a comprehensive suite of applications, including Riskonnect RMIS, Riskonnect ERM, and Riskonnect Incident Management. These tools facilitate claims administration, incident reporting, root cause analytics, and loss investigation, while also supporting enterprise risk management, compliance, and business continuity efforts. Riskonnect's technology platform is built to be secure, reliable, and efficient, serving over 60,000 businesses and 1.5 million users globally. The company's commitment to innovation in risk management technology sets it apart in the industry.

Insurity

Private Equity Round in 2021
Insurity is a provider of cloud-based software and analytics services tailored for the insurance industry, serving over 100 insurance companies, including carriers of all sizes and types, such as national and regional firms, as well as managing general agents (MGAs). The company specializes in policy administration, claims, billing, and analytics solutions, effectively processing billions of dollars in premiums monthly. Insurity's digital platform helps insurers and brokers identify client needs and design customized solutions, enabling them to enhance their operations and improve policyholder experiences. By focusing on minimizing risk and delivering rapid results, Insurity empowers its customers to concentrate on their core business activities.

Rectangle Health

Private Equity Round in 2021
Rectangle Health is the leading healthcare payment and premium processing company, helping your practice, healthcare organization, or insurance group increase payment compliance, streamline processing, and improve overall satisfaction. They provide hospitals, physician practices, insurance groups and billing services with superior tracking, reporting and systems to effectively manage payments. All with no implementation or integration fees.

FONCIA Group

Secondary Market in 2021
FONCIA Group is a property management group.

The Caprock Group

Private Equity Round in 2021
The Caprock Group is a multi-family office located in Boise, Idaho, established in 2005. The firm focuses on managing the entire balance sheet of affluent families, providing long-term planning and asset management services that help organize and structure their financial affairs. By acting as an outsourced Chief Investment Officer and Chief Financial Officer, it develops customized and strategic financial solutions tailored for high-net-worth individuals and families. The Caprock Group invests in advanced technology and prioritizes transparent performance reporting, allowing clients to gain a clear understanding of their financial landscape. The firm specializes in a variety of investment areas, including alternative assets, private equity, venture capital, hedge funds, and private wealth management, with its executive management team overseeing asset management.

Mediaocean

Secondary Market in 2021
Mediaocean is an essential platform for omnichannel advertising, managing over $200 billion in annual media spend through its software. The company provides a comprehensive advertising workflow management solution designed for advertisers, agencies, broadcasters, and publishers globally. Its platform facilitates cross-media planning, cost management analysis, invoicing, and payment management, enabling clients to effectively manage and coordinate their entire advertising process. By leveraging AI and machine learning technology, Mediaocean optimizes marketing investments and enhances business outcomes, supporting campaigns from planning and buying to ad serving, creative personalization, and performance analysis. With a workforce of 1,700 employees across 30 international offices, Mediaocean serves over 100,000 users of its products.

PDQ

Private Equity Round in 2021
PDQ provides deployment software and system administrator tools. PDQ.com (formerly Admin Arsenal) came into existence after the founders spent their professional lives supporting IBM Tivoli Framework and Microsoft SCCM for very large organizations (10,000+ systems). After supporting the big boys for so many years, the founders decided to take a different road and they created a systems management solution for the SMB market. Previous attempts by larger companies to service small and medium sized companies had fallen flat and the founders felt that a solution could be realized by simplifying systems management into two separate core products; software deployment, and inventory collection & reporting. Thus were born PDQ Deploy and PDQ Inventory. Simple products that install quickly, save IT admins a ton of time, and just work. PDQ Deploy and PDQ Inventory have quickly spread across the globe. Over 200,000 organizations have used the free versions, and over 18,000 of those have moved to the enterprise level. PDQ.com is headquartered in Salt Lake City, Utah.

Elos Medtech

Acquisition in 2021
Elos Medtech AB is a full-service contract development and manufacturing organization (CDMO) that specializes in the medical technology sector. The company focuses on developing and producing a wide range of medical technology products and components across three main business segments: Dental, Orthopedics, and Life Science. Elos Medtech offers various products, including implants, screws, plates, prosthetics, and drills, catering to the diverse needs of the global medical device market. With its innovative approach, the company aims to deliver high-quality solutions that enhance patient care and support healthcare professionals.

Apex Group

Private Equity Round in 2021
Apex Group is a global financial services provider headquartered in Hamilton, Bermuda, founded in 2003. It offers a comprehensive range of services to asset managers, capital markets, private clients, and family offices. By continually evolving its capabilities, Apex has established itself as a single-source solution in the industry, providing services that include fund administration, digital onboarding, depositary and custody services, and business services such as human resources and payroll. The company also offers innovative ESG Ratings and Advisory services tailored for private companies. With a strong global presence, Apex Group is committed to meeting the diverse needs of its clients through a broad spectrum of products and services.

Apex Group

Private Equity Round in 2021
Apex Group is a global financial services provider headquartered in Hamilton, Bermuda, founded in 2003. It offers a comprehensive range of services to asset managers, capital markets, private clients, and family offices. By continually evolving its capabilities, Apex has established itself as a single-source solution in the industry, providing services that include fund administration, digital onboarding, depositary and custody services, and business services such as human resources and payroll. The company also offers innovative ESG Ratings and Advisory services tailored for private companies. With a strong global presence, Apex Group is committed to meeting the diverse needs of its clients through a broad spectrum of products and services.

Radiant Logic

Private Equity Round in 2021
Radiant Logic, Inc. specializes in identity virtualization solutions, enabling organizations to streamline authentication and authorization processes across diverse data silos. The company's products, including the RadiantOne Virtual Directory Server, RadiantOne Cloud Federation Service, and RadiantOne Identity Correlation and Synchronization Server, facilitate identity management, cloud application integration, and data synchronization. By providing a comprehensive Identity Data Platform, Radiant Logic helps enterprises transform identity data into a strategic asset, enhancing operational efficiency and minimizing risk through improved visibility and actionable insights. Serving various sectors such as finance, government, entertainment, manufacturing, technology, and healthcare, Radiant Logic markets its solutions globally through distributors. Founded in 1995 and headquartered in Novato, California, the company is dedicated to helping organizations navigate complexity in identity management while fostering innovation and security.

Incorp Global

Private Equity Round in 2021
In.Corp Group is Singapore’s corporate solutions company, with presences in multiple countries and serving thousands of clients around the world.

Incorp Global

Acquisition in 2021
In.Corp Group is Singapore’s corporate solutions company, with presences in multiple countries and serving thousands of clients around the world.

Fortra

Private Equity Round in 2021
HelpSystems provides a holistic set of cybersecurity tools and solutions for customers. HelpSystems has Security Operations Centers (SOCs) around the global providing managed detection & response, data loss prevention, and digital risk protection. Moreover, HelpSystems provides products in secured file transfer, vulnerability management and scanning, red teaming, penetration testing, data loss prevention, data classification, secure email gateway, brand protection, DMARC, digital rights management, secure configuration management, file integrity monitoring, automated remediation, identity and access management, robotic process automation, workload management, and Power Server/IBMi security, monitoring, and automation.

Fortra

Private Equity Round in 2021
Fortra offers infrastructure protection, data security, automation, and IBM i solutions. Their service includes managed services, consulting, product services, and training.

Unit4

Acquisition in 2021
Unit4 is a developer of next-generation enterprise resource planning software designed for mid-market services organizations. The company offers cloud-based applications in enterprise management, financial planning and analysis, and human capital management, focusing on industries such as professional services, public sector, nonprofit, and education. Unit4's solutions aim to transform work by making it more meaningful and inspiring through self-driving, adaptive, and intuitive software. By intelligently automating administrative tasks, Unit4 enhances operational efficiency and provides users with easy access to essential information. The company serves over 6,000 customers, helping them streamline their processes and improve their overall performance.

Appfire Technologies

Private Equity Round in 2021
Appfire Technologies is a provider of applications designed for software development teams, focusing on enhancing collaboration and productivity within the Atlassian software ecosystem. As an original partner in this ecosystem, Appfire offers a diverse portfolio of tools that assist enterprises in customizing their development processes. The company's solutions aim to streamline product development by improving aspects such as collaboration, security, reporting, and automation. Through its expertise in app creation, launch, and distribution, Appfire enables users to better utilize the Atlassian Marketplace, ultimately helping teams work more effectively together.

Betashares Capital

Secondary Market in 2021
BetaShares is one of Australia’s leading and award-winning managers of Exchange Traded Funds (ETFs) – simple, low cost and transparent investment products that are traded on the Australian Stock Exchange (ASX). We offer one of the largest and most diverse range of ETFs in Australia, providing investors with access to funds that cover Australian and International shares, fixed income, cash, currencies, commodities and alternative strategies. Our goal is to expand the range of intelligent investment solutions for investors and help them meet their financial goals. As at 30 June 2017, BetaShares manages over $4.5 billion in assets. BetaShares is a member of the Mirae Asset Global Investments Group, one of Asia’s largest asset management firms. As at December 2016, Mirae manages approximately US $100 billion globally.

Fairstone Financial Management

Private Equity Round in 2021
Fairstone Financial Management is a financial advisory and wealth management group that specializes in providing comprehensive advice to clients on personal and corporate financial planning. The firm focuses on various aspects of financial management, including retirement planning, savings and investments, mortgage systems, and estate planning. By employing a team of knowledgeable financial advisors, Fairstone aims to guide clients in making informed financial decisions that align with their individual goals and objectives.

Backstage

Private Equity Round in 2021
Backstage LLC operates an online casting platform that connects actors and performers with job opportunities and career guidance while assisting casting professionals and talent seekers in finding suitable talent for their projects. Founded in 1960 and based in Brooklyn, New York, Backstage serves the entertainment and creative industries by providing application management tools that vet casting notices for quality and legitimacy, ensuring a safe environment for performers. The platform is recognized as a leading freelancer marketplace, enabling efficient collaboration between productions, brands, creative agencies, and skilled creative talent. Backstage employs a remote workforce, with team members located in over 16 countries, to meet the demands of today's content creation needs.

IGEL Technology

Acquisition in 2021
IGEL Technology specializes in developing operating systems designed for secure access to cloud workspaces, such as Virtual Desktop Infrastructure (VDI) and Desktop as a Service. The company's flagship product, IGEL OS, supports organizations in managing and securing user endpoints, regardless of the device. This software is particularly beneficial for a distributed workforce, enabling employees to work effectively from various locations while ensuring that organizations maintain control and security over their digital environments. IGEL OS is utilized across various sectors, including healthcare, finance, retail, higher education, government, and manufacturing, streamlining the management of digital workspaces globally.

Orisha

Post in 2021
Orisha, based in Paris, France, specializes in providing investment solutions for companies that develop enterprise management software. The company focuses on serving small and medium-sized enterprises by offering a comprehensive range of integrated services that address all aspects of their IT needs. Through its offerings, Orisha enables these businesses to effectively manage their operations and enhance their overall efficiency.

OmniActive Health Technologies

Private Equity Round in 2021
OmniActive Health Technologies specializes in manufacturing nutritional and active natural ingredients, primarily serving the healthcare, food, and personal care industries. Originating from Kancor Ingredients, a company with a legacy in extracting quality ingredients from whole foods since 1969, OmniActive focuses on providing specialized ingredients for dietary supplements and food fortification. Their product offerings include carotenoids, plant extracts, lutein and lutein esters, as well as various formulations such as cold water dispersible powders, soft gels, and two-piece capsules. This diverse range of high-quality specialty functional ingredients enables customers to enhance their products with natural sources.

Navia Benefit Solutions

Private Equity Round in 2021
Navia Benefit Solutions is a prominent third-party administrator specializing in tax-advantaged benefits, including Flexible Spending Accounts (FSA), Health Savings Accounts (HSA), Health Reimbursement Arrangements (HRA), Commuter Benefits, and COBRA Services. The company focuses on helping consumers effectively manage their out-of-pocket healthcare expenses through the administration of these benefits. Additionally, Navia provides organizations with expert guidance on healthcare plans and benefit designs, empowering them to advocate for the health, well-being, and financial welfare of their employees. With a dedicated team of professionals, Navia aims to assist clients, employers, brokers, and participants in creating optimal benefits packages tailored to their specific needs.

Mid America Pet Food

Private Equity Round in 2020
Mid America Pet Food is a leading pet food marketer and manufacturer. Mid America Pet Food produces VICTOR Super Premium Pet Food (VICTOR) and Eagle Mountain Pet Food (Eagle Mountain).

Benecon Group

Private Equity Round in 2020
Benecon Group is a financial & insurance company that deals with developing and managing self-funded health insurance purchasing programs.

Planview

Acquisition in 2020
Planview, Inc. is a provider of portfolio and resource management solutions, helping organizations manage their project and product initiatives. The company offers a range of software products, including Planview Enterprise, which enables users to capture demand, prioritize portfolios, optimize capacity, and manage financials. Planview Projectplace complements this by allowing portfolio managers to oversee both traditional and collaborative projects. Additionally, Planview Insight provides analytics and reporting capabilities, while the OpenSuite Platform allows integration with various IT and business applications. The company's offerings support cloud-based and on-premises deployments and include implementation, deployment, and customer support services. Planview serves diverse sectors such as information technology, product development, services, and finance, both in the United States and internationally. Founded in 1989 and headquartered in Austin, Texas, Planview maintains a presence in several countries across Europe and the Asia-Pacific region.

Planview

Private Equity Round in 2020
Planview, Inc. is a provider of portfolio and resource management solutions, helping organizations manage their project and product initiatives. The company offers a range of software products, including Planview Enterprise, which enables users to capture demand, prioritize portfolios, optimize capacity, and manage financials. Planview Projectplace complements this by allowing portfolio managers to oversee both traditional and collaborative projects. Additionally, Planview Insight provides analytics and reporting capabilities, while the OpenSuite Platform allows integration with various IT and business applications. The company's offerings support cloud-based and on-premises deployments and include implementation, deployment, and customer support services. Planview serves diverse sectors such as information technology, product development, services, and finance, both in the United States and internationally. Founded in 1989 and headquartered in Austin, Texas, Planview maintains a presence in several countries across Europe and the Asia-Pacific region.

Sovos Compliance

Private Equity Round in 2020
Sovos Compliance, LLC specializes in tax compliance and regulatory reporting software, helping businesses manage their tax obligations effectively. Founded in 1979 and based in Wilmington, Massachusetts, the company offers a range of solutions including Sovos S1, a cloud infrastructure platform for tax compliance, and Taxport, designed for 1099 reporting. Their product lineup also features Tax Determination for simplifying tax processes, E-invoicing for real-time compliance, and various tax reporting solutions tailored for industries such as beverage alcohol and ecommerce. With a customer base exceeding 100,000, including numerous Fortune 500 companies, Sovos provides scalable and secure cloud-based solutions that integrate with diverse business applications. The company's services also encompass sales and use tax automation, VAT compliance, and cryptocurrency tax reporting, addressing the complexities of modern tax regulations across more than 70 countries. Sovos Compliance was previously known as Taxware, LLC before rebranding in 2014.

K2

Funding Round in 2020
K2’s intuitive, cloud-based digital process automation platform gives companies the power to create modern process applications, automate workflows and transform their business. With K2, thousands of organizations worldwide and 30% of the Fortune 500 have taken control of their business processes to increase visibility and improve operational efficiency.

Priority Software

Private Equity Round in 2020
Priority Software is a global developer of enterprise resource planning (ERP) software, established in 1986, that aims to provide accessible and cost-effective solutions for businesses across various industries, including electronics, finance, and fashion. The company specializes in offering a comprehensive suite of ERP modules encompassing finance, manufacturing, logistics, human resources, and business intelligence, designed to enhance business efficiency and customer experience. Priority Software caters to over 8,000 organizations in 40 countries, delivering both on-premise and cloud-based solutions that ensure real-time access to critical business data. Their offerings include research management and reporting systems tailored for higher education and research-intensive institutions, along with budget accounting, chargeback recovery, and grant management software. By leveraging cutting-edge technologies and a skilled team, Priority Software empowers organizations of all sizes to streamline operations, improve profitability, and adapt to their unique processes.

Netwrix

Acquisition in 2020
Netwrix Corporation was first to introduce visibility and governance platform for on-premises, hybrid and cloud IT environments. More than 160,000 IT departments worldwide rely on Netwrix to detect insider threats on premises and in the cloud, pass compliance audits with less expense and increase productivity of IT security and operations teams. Founded in 2006, Netwrix has earned more than 100 industry awards and been named to both the Inc. 5000 and Deloitte Technology Fast 500 lists of the fastest growing companies in the U.S. For more information, visit www.netwrix.com.

Edifecs

Funding Round in 2020
Edifecs provides software that streamlines the exchange of information between health plans, hospitals, pharmacy benefit managers and other healthcare organizations. Edifecs' healthcare offerings enable compliance with current mandates such as HIPAA 5010 and ICD-10.

Ivanti

Private Equity Round in 2020
Ivanti is a software company that specializes in IT management solutions, focusing on automating IT and security operations to enhance service delivery and reduce risks for organizations. It provides a comprehensive platform for managing IT assets across various environments, including on-premises, cloud, and edge locations. Ivanti's offerings include system lifecycle management, endpoint security, and IT service management, which empower businesses to streamline service management processes, gain real-time visibility into their infrastructure, and optimize interactions among people, processes, and technology. The company also supports organizations in leveraging modern technology across supply chains and warehouses, improving operational efficiency without necessitating modifications to existing backend systems.

Surfaces Group

Acquisition in 2020
Surfaces Group is a chemical company that specializes in the production of integrated solutions for manufacturing and finishing treatments.

IFS

Secondary Market in 2020
IFS is a leading provider of industrial AI and enterprise software, focusing on businesses involved in manufacturing, asset maintenance, and service operations. The company offers a comprehensive suite of solutions, including enterprise resource planning, enterprise asset management, supply chain management, information technology service management, and field service management. IFS Cloud, its AI-powered platform, is designed for flexibility and adaptability, allowing organizations to tailor solutions to their specific needs and evolving business landscapes. By leveraging advanced technologies such as AI, machine learning, and real-time analytics, IFS enables its customers to enhance productivity, efficiency, and sustainability while making informed strategic decisions to excel in their operations.

National Stock Exchange

Private Equity Round in 2020
NSE is India's leading stock exchange covering various cities and towns across the country. NSE was set up by leading institutions to provide a modern, fully automated screen-based trading system with national reach. The Exchange has brought about unparalleled transparency, speed and efficiency, safety, and market integrity. It has set up facilities that serve as a model for the securities industry in terms of systems, practices, and procedures. NSE has played a catalytic role in reforming the Indian securities market in terms of microstructure, market practices, and trading volumes. The market today uses state-of-art information technology to provide an efficient and transparent trading, clearing, and settlement mechanism and has witnessed several innovations in products & services viz. demutualization of stock exchange governance, screen-based trading, compression of settlement cycles, dematerialization and electronic transfer of securities, securities lending, and borrowing, professionalization of trading members, fine-tuned risk management systems, emergence of clearing corporations to assume counterparty risks, market of debt and derivative instruments and intensive use of information technology.

Klik.cz

Acquisition in 2020
Kliknoutisteni.cz as offers its clients the possibility to find the cheapest or most advantageous guarantee in a few minutes from the comfort of home.

Honan Insurance Group

Private Equity Round in 2020
Honan provides a full range of commercial insurance, risk and financial solutions to businesses across a wide range of industries, including financial institutions, healthcare, professional services, technology, biotech & life science, logistics, construction, food & beverages, and mining & energy. Since its founding, Honan has expanded from Australia-wide to New Zealand, Singapore and Malaysia. Honan exclusively represents Australia, New Zealand and Singapore within the WBN.

Accion Labs

Private Equity Round in 2020
Accion Labs is a technology services firm that specializes in supporting clients throughout the innovation spectrum, particularly in the healthcare, financial services, technology, and fintech sectors. The company assists clients in conceptualizing, designing, developing, and deploying commercial software products, leveraging emerging technologies such as cloud computing, artificial intelligence, big data analytics, and advanced user experience design. Accion Labs offers tailored services for businesses at various growth stages, from start-ups to established firms, focusing on product development, maintenance, quality assurance, and managed services. Their flexible engagement model, known as Collaborative Product Delivery, enables clients to deliver software solutions more efficiently and cost-effectively. With a presence in the US, India, and Singapore, Accion Labs is committed to helping organizations optimize their growth and enhance their engineering capabilities through a range of strategic consulting and development services.

Conservice

Private Equity Round in 2020
The broad range of solutions provided by Conservice, combined with the adaptability of Their programs, allows us to develop comprehensive and custom solutions for each of your communities. Working with properties nationwide, the Utility Experts provide solutions that greatly reduce operating costs and promote conservation while maintaining an unmatched level of customer service. Their utility billing services include utility and ancillary billing, metering equipment installation and maintenance, conservation products and services, as well as daily meter reads allowing for leak detection and asset integrity. Products such as utility expense management, vacant billing and cost recovery, and resident payment processing show that They are committed to helping you recover the cost of utilities. To complete the full suite of solutions They offer energy procurement, data exchange, contract management, and due diligence services.

AffiniPay

Acquisition in 2020
AffiniPay, LLC is a merchant account and online payment gateway solutions provider specializing in the professional services sector, particularly law and accounting. Founded in 2005 and based in Austin, Texas, the company offers tailored payment solutions such as LawPay for the legal industry, CPACharge for CPAs, and AffiniPay for Associations, catering to non-profit organizations and trade associations. These solutions enable clients to accept various payment methods, including credit and debit cards, as well as e-checks, while ensuring compliance with industry regulations. AffiniPay's technology facilitates significant transaction volumes, processing up to $13 billion annually across its platforms, which also include ClientPay. Through its focus on specific industries, AffiniPay has established itself as a key player in transforming payment processing for professional services.

Proxibid

Acquisition in 2020
Proxibid, Inc. is an online marketplace that connects buyers and sellers of high-value items across diverse categories, including heavy equipment, industrial machinery, fine art, antiques, collectibles, and real estate. Founded in 2001 and based in Omaha, Nebraska, Proxibid aims to be a trusted platform for facilitating complex transactions in traditionally offline industries. The company has developed proprietary technology to enhance the buying and selling experience, including MarketGuard, which provides risk assessment and fraud detection, as well as an integrated payment system that supports various payment methods. Proxibid's platform offers flexible transaction options, including live auctions, timed auctions, and buy now/make offer formats. With over 4,000 sellers and millions of buyers, Proxibid has facilitated more than 136,000 auctions, representing over $45 billion in gross merchandise value.
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