BV Investments backs workforce compliance service provider Thomas & Company

  • The Nashville-headquartered company provides unemployment cost management, tax exposure management and verification services that help large enterprises reduce risk, improve efficiency and support workforce compliance. 
  • BV Investment is a lower middle-market investment firm with over $7.8 billion of assets under management. The firm targets tech-enabled business services and solutions sectors.

BV Investment Partners announced an investment in Thomas & Company, a workforce compliance services company.

The lower middle-market PE firm is partnering with CEO Nate Kenney and the broader Thomas & Company leadership team to support the company’s next phase of growth.

Formed in 1994, Thomas & Company specializes in unemployment cost management, tax exposure management and verification services that help large enterprises reduce risk, improve efficiency and support workforce compliance.

The Nashville-based service company has 200 employees using a proprietary records database, purpose-built platform and white-glove service model.

Houlihan Lokey served as financial adviser to Thomas & Company, with legal advice from McDermott Will & Schulte. BV Investment was advised by Ropes & Gray.

BV Investment Partners is a lower middle-market investment firm with over $7.8 billion of assets under management. The firm targets tech-enabled business services and solutions sectors.

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