Rocscience Accelerates Innovation and Expansion with Strategic Investment from TA

Rocscience Inc., a leading provider of geotechnical software solutions, has announced a strategic growth investment from TA Associates, a global private equity firm. This investment will fuel Rocscience's innovation, expand its product offerings, and enhance its global reach.

With over 20 years of experience, Rocscience specializes in 2D and 3D modeling, simulation, and analysis of rock and soil behavior. The company's team of industry experts is dedicated to developing advanced geotechnical software that helps professionals in the civil, structural, and mining industries solve complex challenges.

Dr. John Curran, Founder, and Executive Chair at Rocscience, expressed his enthusiasm for the partnership, stating, "At the core of Rocscience has been our passion for innovation and commitment to user success. In TA, we are pleased to find a partner who shares our drive and vision for the company."

TA Associates brings valuable experience, a wide network, and value-add capabilities to Rocscience's growth journey. The investment will enable Rocscience to invest in its operations and go-to-market strategy, expand its product suite through strategic mergers and acquisitions, and enter new market categories.

Nicholas D. Leppla, Director at TA, expressed confidence in Rocscience's potential for further growth, saying, "Building on the company's strong market position, we believe there is significant opportunity for further growth. We are excited to partner with the entire Rocscience team on the journey ahead."

Currently, Rocscience serves more than 10,000 customers in 120 countries, emphasizing the company's global footprint. The investment from TA will facilitate organic and inorganic growth initiatives, further solidifying Rocscience's position as a market leader.

As part of the transaction, Nicholas Leppla, Ashutosh Agrawal, and John Triebsch from TA will join Rocscience's board of directors. Dr. John Curran will continue to serve on the board, ensuring continuity and guidance.

Financial terms of the investment have not been disclosed. Legal counsel was provided by Kirkland & Ellis, and Canaccord Genuity served as the financial advisor to TA.

About Rocscience

Rocscience, founded in 1996, is a renowned developer of 2D and 3D software for civil, mining, and geotechnical engineers. With their extensive experience and ongoing research, Rocscience provides reliable and easy-to-use software solutions to thousands of geotechnical engineers worldwide. For more information, visit www.rocscience.com.

About TA

TA Associates is a leading global private equity firm focused on scaling growth in profitable companies. With a rich history dating back to 1968, TA has invested in over 560 companies across various industries, including technology, healthcare, financial services, consumer, and business services. Leveraging its deep industry expertise and strategic resources, TA collaborates with management teams to drive lasting value. The firm has raised $65 billion in capital and has a global presence with offices in Boston, Menlo Park, Austin, London, Mumbai, and Hong Kong. For more information, visit www.ta.com.

In conclusion, Rocscience's strategic investment from TA is set to propel the company's innovation and expansion. With their cutting-edge software solutions and the support of TA's resources and expertise, Rocscience is well-positioned to continue delivering value to its customers and leading the geotechnical industry forward.