Goodwin Advises TA on Strategic Minority Investment in Kline Hill Partners

Deal News | Apr 30, 2025 | Goodwin

Goodwin, a legal advisor, plays a crucial role in counseling TA Associates on their strategic minority investment in Kline Hill Partners, which is expected to close in the second quarter of 2025, contingent upon standard closing conditions. This investment will enable Kline Hill Partners, a firm concentrating on the private equity secondaries market, to build on its specialization and expand at scale, capitalizing on TA's extensive expertise in asset and wealth management. TA Associates is a renowned global private equity firm with a core focus on fostering growth in profitable businesses within the technology, healthcare, financial services, consumer, and business services sectors. Since its inception in 1968, TA Associates has invested in over 560 companies and raised $65 billion in capital. The team from Goodwin, a law firm providing widespread corporate, regulatory, tax, ERISA, antitrust, labor, trade, and real estate legal services, exhibited extraordinary efforts in facilitating this partnership. This collaboration blends the proficient experience of both enterprises to support growth and innovation within the private equity domain.

Sectors

Private Equity
Legal Advisory

Geography

United States – TA Associates and Goodwin operate offices in multiple locations, including Boston (TA's HQ) and several offices from where Goodwin's team members are likely involved.
Global – TA's global reach, with offices in Menlo Park, Austin, London, Mumbai, and Hong Kong, signifies a wide geographical span relevant to the transaction.

Industry

Private Equity – The article centers around a strategic investment deal in the private equity sector, involving TA Associates and Kline Hill Partners.
Legal Advisory – Goodwin's role as a legal advisor in the transaction highlights the involvement of the legal advisory industry.

Financials

$65 billion – Total capital raised by TA Associates to date.

Participants

Name	Role	Type	Description
Goodwin	Legal Advisor	Company	Provided legal advisory services for the transaction involving TA Associates.
TA Associates	Bidding Company	Company	A global private equity firm investing in Kline Hill Partners.
Kline Hill Partners	Target Company	Company	An investment firm focused on the private equity secondaries market, receiving investment from TA Associates.