TA Associates has made a strategic growth investment in iBase-t, as the private equity firm increases its exposure to AI-enabled industrial software across the aerospace and defence sector.

The investment will support iBase-t’s expansion and accelerate product development, particularly in artificial intelligence capabilities embedded within its digital manufacturing and maintenance platforms.

“This partnership with TA marks an important milestone for iBase-t,” said Naveen Poonian, CEO of iBase-t. “With TA’s support, we will accelerate innovation, significantly expand our AI capabilities, and further embed intelligent automation across workflows to help customers meet the next generation of digital manufacturing and compliance requirements.”

iBase-t provides cloud-based software solutions that integrate manufacturing execution, supplier quality management, enterprise quality management, and maintenance, repair and overhaul (MRO) functions into a unified system.

The company’s platform is used by major aerospace and defence manufacturers, supporting complex and highly regulated production environments.

TA highlighted strong structural demand for digital transformation across the sector, as manufacturers seek to scale production, manage supply chain complexity, and integrate AI into mission-critical workflows.

“iBase-t has established itself as a trusted technology partner to many of the world’s leading aerospace and defense manufacturers,” said Nick Leppla, Director at TA.

The investment reflects broader private equity interest in industrial software platforms that enable automation, data integration, and operational efficiency.

Financial terms of the transaction were not disclosed.

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