PE Firm Scoops Up Arxan In 2nd Software Buy This Week

Law360, New York (September 18, 2013, 1:13 PM EDT) -- Boston private equity firm TA Associates has taken a majority stake in software security firm Arxan Technologies Inc., marking its second tech industry buy in as many days and bringing its 2013 buys to nearly a dozen, it said Wednesday.

The investment outfit did not disclose the price tag attached to its investment in Arxan, the Maryland-based supplier of software security products to a global base of Fortune 500 clients in a range of industries including health care, gaming and financial services. Neither company said how big a stake TA Associates took as part of the deal.

TA Associates typically pours...

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