Firstance Acquired by TA Associates — Technology M&A

TA Associates has completed the acquisition of Firstance, a enterprise software business in Italy. Firstance provides a policy management platform for insurers and distributors in the private insurance market, supporting life insurance operations across Europe. TA Associates acquisitions focus on strengthening technology M&A positions in European insurance software by adding Firstance’s capabilities to its existing portfolio. The Firstance acquisition was structured as an add on acquisition with private equity acquisition participation from Montagu Private Equity and Harvest, following TA Associates and Montagu’s joint acquisition of Harvest in August 2024. Legal and financing advice for the enterprise software acquisition involved cross-border counsel covering Italian law and French finance matters, with deal terms and size undisclosed.