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New Deal


Announced

Completed

Providence Strategic Growth and Workday Ventures completed a $30m investment in Jobcase.

Financials

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Transaction Value£23m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Single Bidder

Majority

Friendly

Management Consulting

professional services

United States

Private

Acquisition

Domestic

Completed

Synopsis

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Investment firms Providence Strategic Growth and Workday Ventures completed a $30m investment in Jobcase, a provider of a social platform dedicated to empowering and advocating for workers. "Covid-19’s impact on the workforce – including its acceleration of future-of-work trends – brings to light the fact that now more than ever, companies need a platform to help navigate it all. Through tools and community, Jobcase can help people harness these trends to empower themselves, so that their own future-of-work is bright. In doing so, we can make this an economy that works for everyone. PSG has been an incredible partner on this mission and now we are thrilled to welcome Workday Ventures as well. We look forward to collaboration with and support from both organizations. Together, we will realize Jobcase’s vision of empowering workers, and, of course, employers who value workers too," Fred Goff, Jobcase Co-Founder and CEO.

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