April 24, 2014
Insight Venture Partners makes majority equity investment in WorkForce Software, a leading provider of workforce management solutions.
On April 23, it was announced that Willkie client Insight Venture Partners has made a majority equity investment in WorkForce Software, a leading provider of workforce management solutions. The investment is expected to accelerate WorkForce's global expansion, including scaling operations to support the company's rapidly growing client base. Founded in 1999, WorkForce is the leader in workforce management software for organizations with complex policies and compliance concerns. Relying on WorkForce’s EmpCenter and RosterLive workforce management suites, leading organizations streamline compliance, reduce labor costs, provide more intuitive tools to their employees, and achieve strategic HR on a global basis.
New York-based Insight Venture Partners is a leading global private equity and venture capital firm investing in software, Internet, and data-services companies. Since its founding in 1995, Insight has raised more than $7.6 billion and made more than 190 investments worldwide. Willkie has represented Insight in a host of transactions including most recently the $1.54 billion sale of AirWatch and the $6.9 billion consortium acquisition of BMC Software, as well as in its $250 million investment in Australia’s Campaign Monitor earlier this month. The current deal was handled by partners Gordon Caplan and Morgan Elwyn, Christopher Peters, Michael Katz, and William Dye and associates Julian Golay, Daniel Philion, Marit Spekman, Samantha Palmer, Jessica Valentino, Amir Ghavi, Danielle Clout and Rose Ohanesian.
