TA Associates Buys Stake in AVG Technologies
Via The Boston Globe Business News.
TA Associates, a private equity firm with offices in Boston, said it has paid more than $200 million for a minority stake in AVG Technologies, a company focused on providing home and business computer users with comprehensive and proactive protection against computer security threats.
AVG Technologies is based in Amsterdam, with US operations headquartered in Chelmsford. Of the company's roughly 550 employees, nearly 60 are in Chelmsford, a spokesman for TA Associates said.