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New Deal


Announced

Completed

Evergreen Coast Capital invested in WorkForce Software.

Financials

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Consideration Type-
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Sources

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Private Equity

workforce management solutions

Software

Minority

United States

Acquisition

cloud services

Private

Completed

Synopsis

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Evergreen Coast Capital, the technology-focused private equity arm of Elliott Management Corporation, invested in WorkForce Software, a leading global provider of cloud-based workforce management solutions. With the investment, Evergreen will become equal partners with Insight Partners, which has been the majority investor in WorkForce Software since 2014. Financial terms were not disclosed. “We are pleased to be investing in WorkForce Software alongside Insight Partners,” said Isaac Kim, Evergreen Managing Director. “As the only proven cloud vendor in the workforce management space, WorkForce Software’s solutions equip global organizations to manage complex pay and compliance policies while boosting employee engagement and productivity. With an increasing number of companies looking to enhance efficiency by embracing digital transformation, we see this investment as a strategic addition to Evergreen’s technology portfolio.”

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