BV Investment Partners invests in Thomas & Company

BV Investment Partners has invested in Thomas & Company, a Nashville-based provider of workforce compliance technology and services for large U.S. employers. Financial terms were not disclosed.

BV is partnering with CEO Nate Kenney and the existing management team to expand the customer base, product capabilities, technology and acquisition strategy. The company offers unemployment cost management, tax exposure management and employment and wage verification, built on a proprietary records database and specialized software.

BV said rising complexity in workforce compliance is driving demand and that it sees room for Thomas & Company to grow organically and through acquisitions across the wider human resources ecosystem. BV manages more than $7.8 billion in assets and focuses on technology-enabled business services.