TA Associates to acquire TouchTunes from funds advised by Searchlight

BOSTON & NEW YORK–(BUSINESS WIRE)–TouchTunes, a leading in-venue, interactive music and entertainment platform, today announced that TA Associates, a leading global growth private equity firm, has signed a definitive agreement to acquire the company from funds advised by Searchlight Capital Partners, L.P. (“Searchlight”) and Newlight Partners LP (“Newlight”). Partnering together, TouchTunes and TA aim to accelerate the company’s growth and innovation across existing and new markets. Financial terms of the transactions were not disclosed.

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