Providence Strategic Growth and Workday Ventures Acquire Majority Stake in Jobcase
July 9, 2020
Providence Strategic Growth (PSG) has acquired a majority stake in Jobcase, Inc., with Workday Ventures participating as a strategic investment partner and existing investor Savano Capital Partners remaining as a controlling investor alongside PSG. The investment includes $30 million of primary capital to accelerate Jobcase's product development, member services, and employer partnerships, and results in the exit of long-time shareholder Link Ventures.
- Buyers
- Providence Strategic Growth (PSG), Workday Ventures, Savano Capital Partners
- Targets
- Jobcase, Inc.
- Sellers
- Link Ventures
- Industry
- Software
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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