Private Equity Firm to Acquire Share of Stadion Money Management

April 26, 2011 ( - TA Associates, a growth private equity firm, announced that certain of its private equity funds have signed a definitive agreement to acquire a 54.4% interest in Stadion Money Management, LLC.

Stadion offers investment management services via mutual funds, separate accounts and retirement accounts. As of March 31, 2011, Stadion had approximately $6.7 billion in assets under management.  

“We are confident that a partnership with TA will allow us to accelerate growth while maintaining the Stadion culture and the disciplined risk-averse investment approach that have been our hallmark.” said Tim Chapman, CEO, Stadion Money Management, in the announcement.  

In connection with the investment, M. Roy Burns, a Principal at TA Associates, and Roger B. Kafker, a Managing Director at TA Associates, will join the Stadion’s Board of Directors.