TA Associates, founded in 1968, is one of the oldest private equity firms in the United States. Recently, TA Associates spend $200 million to acquire 25% stake in AVG Technologies. TA Associate spokesman mentioned that the investment will be used to fund global expansion and potential add-on deals. This ownership was purchased from AVG’s shareholders and investors including Inter Capital, Benson and Oak Capital and Enterprise Investors. Currently, TA Associates own a total of 34% stakes in AVG Technologies.

AVG technology was initially a part of Microsoft Vista’s Security essential program however, currently Microsoft is developing their own security program called Microsoft Essentials. Security software produced by AVG Technologies (formerly Grisoft) is used by over 80 million users in 167 countries. AVG has nearly 6,000 dealers, partners and distributors all over the world. Its sales in 2008 exceeded $140m. After the acquring of 34% stake in AVG, 2 of the  TA Associate members will becoming bord members at the AVG.