Bow River Capital, a private equity firm, agreed to acquire a majority stake in HRSoft, a provider of employee compensation management software. Financial terms were not disclosed. "The team at HRSoft has done a tremendous job of growing the business and establishing the company as the leading provider of SaaS Compensation Management Software Solutions." David further states, "The HRSoft team has done this with limited access to capital. Now, we're all very enthused to partner with Bow River's Software Growth Equity group. Bow River's major investment in HRSoft, their operational playbook and their team of deeply experienced HR tech veterans will help us rapidly create even greater value for HRSoft's clients, partners, investors, and employees," David Kennedy, HRSoft CEO.