Ajit Nedungadi

London, UK

Executive Committee, Managing Director

TA Associates

Biography

Ajit Nedungadi is a Managing Partner and co-heads the Core Investment Committee at TA Associates. He also heads TA’s European efforts out of London and is active in the firm’s investments in India.

With 22 years’ experience in private equity, Ajit’ primary focus is in the technology industry, having also sponsored investments across the asset management, insurance brokerage, medical device and healthcare services and consumer/e-commerce sectors.

Previously, Ajit worked in New York for investment banks, specialising in Mergers and Acquisitions and leveraged buyout transactions.

Ajit serves on many boards and advisory councils and is an investor in the financial, medical and technology sectors.

A Baker Scholar graduate of Harvard Business School, Ajit also earned a BS, magna cum laude, Phi Beta Kappa in Electrical Engineering and Economics from Yale University.

Ajit Nedungadi’s Newsfeed

Private Equity News

How TA Associates is adopting the buy-and-build model

As Boston-based TA Associates celebrates more than 50 years of investing, managing partner Ajit Nedungadi talks to Selin Bucak about how the firm’s unique investing style flourishes in Europe. TA Associates managing partner Ajit Nedungadi says that having a single fund keeps the partnership together as “it means everyone is working together because they all benefit from the same profit pool”.

List 10 private equity firms share strategies for tech M&A

TA Associates | Founded in 1968 and headquartered in Boston, the firm manages about $13 billion. Leadership: Brian Conway, chairman and managing partner; Ajit Nedungadi, managing partner.

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Ajit Nedungadi’s Background

TA Associates

Executive Committee, Managing Director

Jan 1999 - Present

TA is an investor that partners with owners and management teams to build outstanding businesses.

Investcorp

Associate

Jan 1994 - Dec 1996

New York, US

Investcorp is a leading provider and manager of alternative investment products, serving high-net-worth private and institutional clients.

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Current Non-Executive Positions

ITRS Group

Active Investor

London, UK

ITRS Group’s technology establishes and maintains operational resilience for businesses operating in demanding environments, by transforming the mass of raw data into meaningful information, ITRS helps enterprises run their IT estates intelligently, prevent outages and maximise efficiency.

Eurowag

Board Member

Prague, CZ

Eurowag are the fastest growing integrated mobility provider in Europe - focusing on finding solution to simplify lives of commercial road transport companies. Eurowag provide fuel & toll payments, tax refund, fleet management and advice, helping keep over 250 000 vehicles moving across Europe, Middle East & Asia.

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Previous Non-Executive Positions

CMOSIS

Board of Directors

Antwerp, BE

CMOSIS is a pure-play supplier of standard, off-the-shelf as well as custom area and line scan CMOS image sensors. Featuring global and rolling shutter, low noise, high dynamic range and high frame rates through high-speed on-chip ADC and digital interfaces.

CIPRÉS vie

Board of Directors

Paris, FR

DNCA Finance

Board of Directors

Jul 2011 - Jul 2015

Paris, FR

DNCA is an asset management company. It was founded in 2000 by three wealth management specialists, on behalf of private and institutional clients.

Dr Lal Pathlabs

Active Investor

Haryana, IN

As one of India’s top Diagnostic firms, Dr Lal PathLabs has a very strong focus on hiring & retaining top quality manpower to drive their different departments within and outside the labs. Despite their size, they maintain an environment that nurtures some of the top thinkers in India in their respective fields of expertise.

AVG Technologies

Active Investor

London, UK

Founded in 1991 and acquired by Avast in 2016, AVG is focused on providing home and business computer users with the most comprehensive and proactive protection against computer security threats. The AVG family of security software products is distributed globally through resellers and through the Web, and supports all major operating systems & platforms.

ION Trading

Board of Directors

London, UK

ION is the leading software provider of trading infrastructure, treasury management & trade processing solutions cross-asset class. Clients range from global financial institutions, central banks and multi-nationals to niche financial specialists and corporate.

Micromax Informatics Ltd

Board of Directors

Jan 2009 - Jan 2011

London, UK

Micromax Informatics is one of the leading consumer electronics company in India & the 10th largest mobile phone player in the world. Micromax has pioneered the democratisation of technology in India - by providing affordable innovations through their product offerings and removing barriers for large scale adoption of advanced technologies.

Wind Telecom S.p.A.

Board of Directors

Jun 2008 - Aug 2012

Amsterdam, NL

Wind Telecom is an American corporation that was actually born in North York, Ontario, Canada in 1991. It mainly serviced US Latin American clients and later expanded it's local offering of long distance services and cellular provisioning to local customers in Canada.

M and M Direct

Active Investor

Jun 2008 - Aug 2012

London, UK

M and M Direct offer 'big brands at low prices' and stock over 300 brands. They aim to offer up to 75% off RRP on everything they sell.

Jupiter Fund Management

Active Investor

Jan 2007 - Jun 2014

London, UK

Jupiter Fund Management plc is an active fund manager with a well-known brand and an established track record, seeking to add value for clients through the delivery of investment outperformance over the medium to long term. Focusing primarily on managing equity investments on behalf of retail, institutional and private client investors across a wide range of products.

Idea Cellular

Active Investor

Oct 2006 - Jun 2010

Mumbai, IN

Idea Cellular is India's first truly multinational corporation. Idea is a pan-India integrated GSM operator offering 2G, 3G and 4G services and has its own NLD and ILD operations, and ISP license. Idea is one of the top three mobile operators in India.

Edreams Enterprises S.L.

Board of Directors

Sep 2006 - Oct 2010

London, UK

eDreams provides customers access to more than 155,000 different flight routes and over 240,000 hotels at affordable prices.

SmartStream Technologies

Board of Directors

Jul 2006 - Dec 2007

London, UK

SmartStream is a global software and managed services provider that in challenging markets conditions has outpaced its rivals in the financial markets sector, creating an impressive base of more than 1,500 customers. This includes more than 70 of the world’s top 100 banks alongside the world’s leading asset managers, custodians and broker dealers.

Alma Lasers

Board of Directors

Jan 2006 - Jan 2011

London, UK

Alma Lasers is a global innovator of laser, light-based, radio-frequency and ultrasound solutions for the aesthetic and surgical markets. Alma Lasers has been at the forefront of multi-technology systems, revolutionizing existing treatment methods and working to serve the varied and growing needs of both patients and practitioners around the world.

Drive Assist

Board of Directors

Dec 2003 - Jan 2007

London, UK

Sophos

Board of Directors

May 2002 - Jun 2010

London, UK

Sophos began producing antivirus and encryption products nearly 30 years ago. Today their products help secure the networks used by 100 million people in 150 countries and 100,000 businesses, including Pixar, Under Armour, Northrop Grumman, Xerox, Ford, Avis and Toshiba. Sophos are focused on keeping IT security simple and reliable.

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Philanthropy

Coach Core

Board of Advisors

Jan 2014 - Present

London, UK

Ajit sits on the Advisory Board of Coach Core. The apprenticeship scheme gives young people aged 16-24 living in London & Glasgow the chance to become the next generation of inspirational coaches. Coach Core is a programme run by the Royal Foundation.

Ajit Nedungadi’s Education

Harvard Business School

MBA, Baker Scholar

1996 - 1998

Yale University

BS, magna cum laude, Phi Beta Kappa, Electrical Engineering and Economics

1988 - 1992