Babcock & Jenkins Direct Sells Minority Interest To TA Associates

TA Associates has acquired a minority interest in Babcock & Jenkins Direct for $15 million.

The Beaverton, OR-based agency has offices in Austin, Boston, and San Francisco. Its clients include Oracle, Lucent Technologies, Hewlett Packard, and Intel.

TA Associates purchases minority stakes in privately held companies that demonstrate both performance and potential for growth and profit.