KAMCO Agrees to Transfer Ownership to TA Associates
August 24, 2015
Keeley Asset Management Corp. (KAMCO) has agreed to transfer the voting shares of its parent company to TA Associates. The transfer is expected to be completed next month; in addition to TA's ownership, certain KAMCO employees will be participating with TA as non-controlling equity owners. KAMCO, which has over $4 billion in AUM, completed a minority leveraged recapitalization with TA in July 2008.