TA Associates Considers Sale of OmniActive Stake
TA Associates, a private equity firm, is contemplating the sale of its majority stake in OmniActive Health Technologies Ltd., according to sources familiar with the matter. The firm is currently in discussions with potential advisors to facilitate a possible sale.
Sources have indicated that TA Associates could be seeking a valuation of up to $1 billion for the Indian company. However, deliberations are ongoing and there is no guarantee that a transaction will materialize.
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TA Associates invested in OmniActive in 2021. OmniActive’s product portfolio includes dietary supplements and beverages, as detailed on TA’s website. Founded in 2005, OmniActive is headquartered in Mumbai and maintains research and development as well as production facilities within India.
A representative for TA Associates declined to offer a comment. OmniActive Health Technologies did not immediately respond to requests for comment.
