TA Associates, a global growth private equity firm, has invested in iCIMS, a talent cloud company and portfolio company of Vista Equity Partners. Susquehanna Growth Equity will continue on as a shareholder.
As part of the deal, TA and Vista will partner to accelerate iCIMS’ growth and product development expansion. iCIMS delivers talent transformation services to over 4,000 organizations and offers its talent cloud to attract, engage, hire and advance talent to build a successful workforce for its clients.
“Attracting, hiring and advancing top talent has never been a more critical business priority, and the competition for talent is only expected to increase in the coming years,” said Ashu Agrawal, a managing director at TA. “We believe iCIMS is positioned for growth and are eager to leverage our operational experience, industry knowledge and value-add capabilities to help the company reach its full potential.