TA Associates Acquires CMOSIS

logo_cmosisTA Associates, a global growth private equity firm, has agreed to acquire CMOSIS, an Antwerp, Belgium-based supplier of high performance standard and custom CMOS image sensors.

The transaction, whose terms were not disclosed, is conditional on regulatory clearance and is expected to be completed by early 2014. In conjunction with the funding, J. Morgan Seigler and Ajit Nedungadi, a Principal and a Managing Director respectively at TA Associates (UK), will join the company’s Board of Directors.

Founded in November 2007 and led by Luc De Mey, Chairman and CEO, CMOSIS supplies image sensors for applications such as machine vision, high-end digital photography, digital cinema, aerospace & scientific, medical and biometrics.
Backed by Capital-E Arkiv, ING Corporate Investments (Belgium), ING Activator Fund, the Arkimedes Investment Fund of ING Belgium and Participatiemaatschapij Vlaanderen (PMV), the company currently employs over 60 people.

FinSMEs

04/12/2013

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