QIMA Welcomes TA Associates as Strategic Partner to Accelerate Growth in TIC Industry
Summary
They bring a unique mix of kindness, sharp intelligence, entrepreneurial spirit and a formidable drive that aligns perfectly with QIMAs vision and culture. As we start our journey with a new partner, I want to thank our previous investor CDPQ for their support and guidance over the past three years.We have long admired QIMA as a tech-enabled TIC platform and are excited to have the opportunity to work with Sebastien Breteau and his team to further develop the company into a global leader, both organically and inorganically. The transaction is subject to customary regulatory approvals.QIMA is more than a testing, inspection, certification, and compliance company: We are on a mission to offer clients smart solutions to make products consumers can trust. 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.