Majority Recapitalization of AbsenceSoft


Holland & Hart LLP served as legal counsel to Bow River on the transaction. Cascadia Capital was the exclusive financial advisor to AbsenceSoft while Koley Jensen P.C., L.L.O served as legal counsel.

Bow River Capital 2019 Software Growth Equity Fund has completed a majority recapitalization of AbsenceSoft LLC (“AbsenceSoft”), a proven provider of software solutions to help employers more efficiently and cost-effectively manage FMLA, disability, ADA, and other forms of absence leave. AbsenceSoft’s current management team will continue to lead the organization. The investment from Bow River will enable the company to accelerate growth, rapidly deliver on innovations within its product suite, and scale across every dimension.

Founded in 2013, AbsenceSoft is a trusted provider of cloud based, secure, mobile friendly leave management software solutions that not only provide compliance support for FMLA and all state leave laws, but also provides workflow management and analytics in a simple and effective way that enables rapid adoption across all types of organizations.

Holland & Hart’s transaction team was led by Denver corporate partners Chris Balch (Picture) and James Crowe, supported by corporate associates Nate Davis and Dan Free. Transactional subject matter expertise was provided by Lindsay Silber, Peter Perla, John Ludlum, Mark Wiletsky, Trent Timmons, among others.

Involved fees earner: Christopher Balch – Holland & Hart LLP; James Crowe – Holland & Hart LLP; Nate Davis – Holland & Hart LLP; Daniel Free – Holland & Hart LLP; John Ludlum – Holland & Hart LLP; Peter Perla – Holland & Hart LLP; Lindsay Silber – Holland & Hart LLP; Trent Timmons – Holland & Hart LLP; Mark Wiletsky – Holland & Hart LLP;

Law Firms: Holland & Hart LLP;

Clients: Bow River Capital Partners;

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Author: Ambrogio Visconti