TA Associates, a global growth equity firm invested in enterprise software companies, has made a new growth investment in Riskonnect, a provider of integrated risk management technology. Thoma Bravo, Riskonnect’s current majority investor, will continue to hold a significant equity investment in the firm.

Riskonnect’s technology allows organizations the ability to anticipate, manage and respond in real-time to strategic and operation risks across the extended enterprise. The firm has over 950 customers globally and has delivered strong organic innovation and growth during the four years of Thoma Bravo’s majority sponsorship.

Going forward, Riskonnect will further invest in its integrated risk management solutions, expand its go-to-market programs and continuing to proved complementary resources to support demand for its software.

“Over the last four years, the company has significantly expanded the platform, increased team size, extended global reach, and more than quadrupled revenue,”said Hudson Smith, a partner at Thoma Bravo. “We are proud to have turned these results into tangible investments for Riskonnect’s customers.”

William Blair and UBS Investment Bank are serving as financial advisors to Thoma Bravo.