Ropes & Gray represented BV Investment Partners in an investment in Thomas & Company, a leading workforce compliance platform. The investment was announced on August 4. Financial terms were not disclosed.
Thomas & Company specializes in unemployment cost management, tax exposure management and verification services that help large enterprises across the U.S. to reduce risk, improve efficiency and support workforce compliance.
BV Investment Partners is a middle-market private equity firm with over $7.8 billion of assets under management. The firm targets technology-enabled business services and solutions sectors.
The Ropes & Gray team included private equity partners PJ Sullivan and Tim Castelli, employment, executive compensation & benefits partners Jen Cormier and Stephanie Bruce and counsel Christa Sanchez, tax partner Aaron Harsh and counsel Michael Mendel, finance partner Greg Bauer, HSR partner Marta Kelly, IP transactions partner Emily Karlberg, data, privacy & cybersecurity partner Fran Faircloth, litigation & enforcement counsel Alison McLaughlin and Cole Goodman.
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