TA Associates Completes $60M Minority Investment in TEOCO

TA Associates, a private equity firm, completed a $60m minority investment in TEOCO Corporation.
Hythem T. El-Nazer, a Senior Vice President at TA Associates will join TEOCO’s Board of Directors.
Founded in 1994, TEOCO (The Employee Owned Company) is a software and services company that provides cost, routing and revenue management solutions for communications service providers worldwide.
TEOCO is headquartered in Fairfax, Virginia, with offices in the United States, the United Kingdom and India serving more than 50 leading North American and international wireless, wireline, wholesale and cable service providers. 

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