Announced
Completed
Synopsis
Thoma Bravo, a private equity firm, and JMI Equity, a growth equity firm, completed the investment in Condeco, a developer of a workplace management platform. Financial terms were not disclosed. The investment is expected to accelerate Condeco's growth globally and drive increased innovation within Condeco's workplace scheduling technology platform. "As new ways of working have driven demand for innovative and flexible workspaces, Condeco is well-positioned to continue our global expansion and technological innovation. Our goal is to provide smart solutions to power the office of the future by making flexible working more efficient and offices more productive and collaborative. Thoma Bravo and JMI have an unparalleled track record of facilitating the growth of the software companies they partner with, and we are confident that their industry and operational expertise will help accelerate our momentum and take our business to the next level as we create the smart workplace of tomorrow," Paul Statham, Condeco Founder and CEO.
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