Software and Technology

Absence Soft

Provider of SaaS leave and absence management solutions.

Transaction Overview

  • Represented AbsenseSoft (“AbsenseSoft” or “the Company”) in its sale to Bow River Capital’s Software Growth Fund.
  • AbsenceSoft is a proven provider of technology solutions to help employers more efficiently and cost-effectively manage FMLA, LOA, Disability, and ADA.
  • Bow River Capital is a private alternative asset management company based in Denver, Colorado, with Buyout, Real Estate, Software Growth Equity and Energy Fund platforms. The Bow River Capital platforms focus on the lower middle market across a geographic area referred to as Bow River Capital Rodeo Region, which encompasses the Rocky Mountains and surrounding states.

Key Observations

  • AbsenceSoft had a market leading solution that was growing rapidly.  As a result, the Company needed an investment, or acquisition, to adequately address the massive demand they were experiencing.
Hennepin Partners LLC