Bow River Capital and Norwest Venture Partners Recapitalize AbsenceSoft

August 12, 2021

Bow River Capital’s Software Growth Equity Fund completed a recapitalization of AbsenceSoft with Norwest Venture Partners; terms were not disclosed. Bow River will retain a significant equity stake and a board seat while Norwest joins as a growth equity partner to support continued product and revenue expansion for the cloud-based absence management SaaS provider.

Targets
AbsenceSoft
Industry
Cloud & SaaS
Location
Colorado, United States
Transaction Type
Recapitalization

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