Nintex Announces Investment Offer from TA Associates and Updata

Nintex is excited to announce an offer for significant investment from growth equity firms, TA Associates, a leading global growth private equity firm, and Updata Partners, a leading technology-focused growth equity firm.

TA and Updata will join existing shareholder Macquarie Capital, to support Nintex’s global growth through both organic expansion and strategic acquisitions.

“TA Associates and Updata Partners will enable Nintex to accelerate its growth, further expand internationally, and offer its customers and partners new and exciting innovative products,” said Brian Cook, Co-founder and Group CEO of the Nintex Group.

“We chose TA and Updata for their extensive experience and proven track record helping established software companies become standout market leaders,” said Brett Campbell, Co-founder and Global VP of Alliances of Nintex.

TA and Updata will add five new experienced software executives to the Nintex Board including from TA Associates, Kurt R. Jaggers, Harry D. Taylor, Edward F. Sippel, and from Updata Partners John Burton and Jon Seeber.

About Nintex Group Pty Ltd.
Nintex is the leader in workflow solutions, with more than 4,000 customers in 90 countries serviced by a global network of high quality partners and service providers. Nintex delivers innovative software and cloud services that empower organizations to automate business processes quickly and easily. Please visit nintex.com for more information.

About Updata Partners
Updata Partners is a leading technology-focused growth equity firm with nearly $500 million of capital under management. Updata invests in high-growth software, internet, and technology-enabled services companies with innovative intellectual property and market-leading solutions. Led by an investment team averaging more than 20 years of experience in the technology industry, Updata seeks investments where the combination of the firm’s financial backing and the operating expertise of their partners will accelerate growth. Updata is headquartered in Washington, DC. For more information, please visit www.updatapartners.com.

About TA Associates
Founded in 1968, TA Associates is one of the largest and most experienced global middle-market growth private equity firms. The firm has invested in more than 425 companies around the world and has raised $18 billion in capital. With offices in Boston, Menlo Park, London, Mumbai and Hong Kong, TA Associates leads buyouts and minority recapitalizations of profitable growth companies in the technology, financial services, business services, healthcare and consumer industries. More information about TA Associates can be found at www.ta.com.