Egnyte Secures Major Investment from GI Partners and TA Associates
Deal News | Feb 26, 2025 | Ropes & Gray
Ropes & Gray played a pivotal role in advising GI Partners and TA Associates on a strategic growth investment in Egnyte, a secure content collaboration and governance service provider. The involvement of these investment giants is aimed at bolstering Egnyte's market presence on a global scale and stimulating its innovation through substantial research and development efforts. GI Partners, with an impressive capital raising of over $45 billion, and TA Associates, with a staggering $65 billion in raised capital, bring considerable financial muscle and experience to the table, having invested in numerous companies across sectors like technology, healthcare, and financial services. The deal team from Ropes & Gray involved a multidisciplinary set of partners, including experts in private equity, finance, employment, tax, IP transactions, litigation & enforcement, and cybersecurity.
Sectors
- Technology
- Private Equity
Geography
- Global – The investment is aimed at expanding Egnyte's presence in the global market.
Industry
- Technology – Egnyte operates within the technology sector, providing secure content collaboration and governance solutions.
- Private Equity – GI Partners and TA Associates are private equity firms leading the investment in Egnyte.
Financials
- $110 billion – Total capital raised by GI Partners ($45 billion) and TA Associates ($65 billion).
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Egnyte | Target Company | Company | A provider of secure content collaboration and governance solutions. |
| GI Partners | Investor | Company | A private equity firm that invests in technology and data infrastructure. |
| TA Associates | Investor | Company | A private equity firm that invests in various industries including technology and healthcare. |
| Ropes & Gray | Legal Advisor | Company | Provided legal advisory services to GI Partners and TA Associates for the investment. |
| Eric Issadore | Private Equity Partner | Person | Led the deal team from Ropes & Gray. |
| Nichole Lopez-Tackett | Finance Partner | Person | Part of the Ropes & Gray team involved in the investment. |