Private equity firm TA Associates has made two strategic hires in newly created senior roles.
Jeffrey C Hadden has joined TA as chief operating officer and general counsel, and Kevin L. Masse has joined the firm as chief portfolio officer. Both serve in TA’s Boston office. The hires were effective 4 November.
Hadden is responsible for the general oversight of TA’s global non-investment operations. He oversees all legal matters, including compliance, and marketing and human resources functions, including recruiting, training and performance reviews. Hadden joins TA from Goodwin Procter. He served as TA’s outside general counsel since 1987 in his role as partner in Goodwin Procter’s business law department and member of its private equity group. He also previously served as chairman of the business law department and had been a member of Goodwin Procter’s management committee and executive committee.
“Jeff has been a trusted advisor to TA Associates for more than 25 years, and we are very pleased he has chosen to continue this longstanding relationship as a key member of our firm,” says Richard D Tadler, chairman, TA Associates. “Jeff brings a wealth of legal expertise and management experience in a large professional services organisation. He is also familiar with TA, making him ideally suited to help us implement best practices in a variety of functional areas. We established this position, and additional senior roles, to help further improve TA’s execution and support the long-term growth of our firm.”
Masse focuses on driving the value of TA’s portfolio in conjunction with TA investment committees. He oversees TA’s portfolio operations group and manages the use of third party consultants utilised across the portfolio. His responsibilities include the systematic development and tracking of 180-day plans, acquisition integration and initiatives to drive portfolio growth and to turn around underperforming companies. Masse will also expand TA’s analytical tools to track portfolio performance in support of investment sponsors, investment committees, TA’s executive committee and investor reporting. Masse was formerly a partner at Deloitte & Touche, responsible for the New England mergers and acquisitions services group, and a member of the Deloitte US mergers and acquisitions leadership team.
“Kevin has a long history of working with TA on investment and acquisition due diligence and brings deep experience and abilities into this highly visible role,” says Brian J Conway, a managing director at TA Associates. “Known for his hands-on work ethic, Kevin will work closely with the management teams of our portfolio companies to enhance growth in these businesses. We welcome him to TA and are highly confident he will continue to be a valuable contributor to our team.”