TA Associates To Acquire Majority Stake in Stadion

April 28, 2011

On April 26, 2011 Boston-based private equity firm TA Associates announced that certain of its private equity funds have agreed to acquire a 54.4% interest in Stadion Money Management.


On April 26, 2011 Boston-based private equity firm TA Associates announced that certain of its private equity funds have agreed to acquire a 54.4% interest in Stadion Money Management, LLC.  Stadion is an investment management firm offering mutual funds, separate accounts and retirement accounts with approximately $6.7 billion in assets under management.  Silver Lane Advisors provided financial advisory services to Stadion in connection with the transaction.  Terms of the transaction were not disclosed.

To read the press release, please click here.


Categories

Investment Manager Private Equity, Mutual Fund Private Equity, Transactions