Double hire for TA Associates

The Boston-headquartered firm has hired two new vice presidents to boost its financial services offering.

TA Associates, the US buyout firm, has hired Harry Taylor and Nigel Howard. Both will be vice presidents based in the firm’s Boston head office.
 
Taylor has spent the last four years as a senior associate at Greenwich, Connecticut-based Stone Point Capital in its previous incarnation as MMC Capital.
 
His work there focused on the financial services and technology sectors. He has also previously worked as a financial analyst in Goldman Sachs’ Principal Investment Area and Technology Investment Banking Group.
 
Howard has previously worked as an analyst in the M&A group at Salomon Smith Barney (now Citigroup) and as an associate in the private equity firms JP Morgan Partners and Goldman Sachs Capital Partners. His work at TA will be focused on the financial services, business services and consumer sectors.
 
Founded in 1968, TA Associates manages over $6 billion in capital and has offices in Boston, London, and Menlo Park, California. Earlier this year it hired Christian Gruenwald from the Düsseldorf office of General Atlantic Partners as a vice president in the London office.
 
The firm’s deal activity this year has included a $75 million (€57 million) investment in automatic teller machine operating company Cardtronics, and an $85 million recapitalisation of 2nd Story Software, an Iowa-based producer of US tax filing software.