TA Associates invested in SER, a global ICA (Intelligent Content Automation) software vendor in the enterprise content management (ECM) market.

Since its founding in 1984, SER has developed from a primarily DACH-focused ECM services provider into an ICA player with AI capabilities and an international enterprise customer base. Today, SER has over 600 employees across 20 offices in 11 countries. TA joins Carlyle (Nasdaq: CG) as an investor in SER.

“As the demand for AI-powered technologies continues, we believe SER has a meaningful opportunity to support organizations in their digital transformation journey, harnessing the Doxis platform to streamline document processing and content management needs,” says Morgan Seigler, managing director at TA, and Stefan Dandl, director at TA.

Baird was sell-side M&A advisor to Carlyle.