TA Associates will make a growth investment in Intelerad, according to a news release.

Intelerad, with its U.S. headquarters in Raleigh, N.C., is a provider of enterprise medical imaging solutions. Founded in 1999, provides software and enterprise workflow solutions to healthcare providers worldwide, including radiology groups, outpatient imaging centers, hospitals and healthcare systems.

TA, based in Boston, considers a range of investment types, from minority to majority investments. Founded in 1968, the firm invests in healthcare and several other sectors.

Terms of the investment were not disclosed. The transaction is expected to close in the third quarter of 2022.