BV Investment Partners Announces Investment in Thomas & Company
BV Investment Partners has announced its investment in Thomas & Company, a workforce compliance platform. This partnership aims to support Thomas & Company in its next phase of growth under the leadership of CEO Nate Kenney.
Founded in 1994, Thomas & Company provides workforce compliance solutions for large employers in the United States. The company specializes in unemployment cost management, tax exposure management, and verification services. Its proprietary records database and technology platform enable it to deliver crucial solutions to prominent employers. Thomas & Company is headquartered in Nashville, TN, and employs over 200 professionals nationwide.
As workforce compliance becomes increasingly complex, Thomas & Company focuses on innovation and operational excellence. The firm is committed to incorporating client feedback into its product and service development, which it believes drives meaningful outcomes for employers within the HR ecosystem.
Nate Kenney expressed optimism about the investment, highlighting its significance for the company and its stakeholders. He stated that the partnership with BV positions Thomas & Company to expand its client base and enhance its service offerings.
Jason Kustka, a Partner at BV, noted that Thomas & Company represents the type of tech-enabled services platform that the firm aims to support. BV has been advised on the matter by Ropes & Gray LLP, while Thomas & Company received legal counsel from McDermott Will & Schulte and financial advising from Houlihan Lokey.