TA Associates, a leading global growth private equity firm, today announced the hiring of Rafael Telahun as a Vice President in its Menlo Park office and as a member of the firm’s North America Services Group.
"It is a great pleasure to welcome Rafael to TA," said Todd Crockett, a Managing Director at TA Associates and co-head of TA’s North America Services Group. "Rafael brings a wealth of private equity experience across a number of industry sectors. We are confident that his skills will prove valuable in helping TA source and analyze new growth investment opportunities in financial and tech-enabled services companies with high quality, profitable business models."
"We are excited to have Rafael join TA’s growing team," said Ajit Nedungadi, Chief Executive Officer of TA Associates. "TA continues to add staff across our offices, hiring high-performing individuals whom we believe will thrive in our meritocratic culture and contribute to the long-term growth of our portfolio."
Prior to joining TA, Mr. Telahun was an Investment Director at CVC Capital Partners. Earlier, he was the Co-Founder and CEO of a venture-backed technology startup. Mr. Telahun started his career at Citigroup before joining Sun Capital Partners, both in New York. He received a BS in Computer Science from the University of Maryland and an MBA from the Harvard Business School.
About TA Associates
TA Associates is a leading global growth private equity firm headquartered in the U.S. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – TA invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 500 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. TA has raised $33.5 billion in capital since its founding in 1968 and is committing to new investments at the pace of over $3 billion per year. The firm’s more than 100 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. More information about TA Associates can be found at www.ta.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210302005216/en/