BV Investment Partners Backs Workforce Compliance Firm Thomas & Company

Founded in 1994, Thomas & Company provides large-scale employers with automated solutions for unemployment cost management, tax exposure, and wage verification. The company currently employs over 200 professionals and manages mission-critical compliance workflows through a proprietary database. By integrating BV’s capital and sector-specific experience, the leadership team plans to broaden its service suite and pursue potential acquisitions within the compliance space.

Nate Kenney, CEO of Thomas & Company, noted that the investment serves as a catalyst for deepening service capabilities and simplifying increasingly complex employment-related processes for their clients. Jason Kustka, a partner at BV, highlighted the firm's focus on backing platforms that deliver measurable ROI, citing Thomas & Company’s established service model as a key driver for the deal. Legal counsel for the transaction included Ropes & Gray LLP for BV, while McDermott Will & Emery and Houlihan Lokey advised Thomas & Company.