TA Associates Is Said to Weigh Selling Majority Stake in $1 Billion Accion Labs
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TA Associates is considering selling its majority stake in Accion Labs Holdings Inc. and seeking a valuation of about $1 billion for the Pittsburgh-based technology company, people familiar with the plan said.
The private equity firm is working with a financial adviser on the potential sale, the people said, asking not to be identified because the plan is private.