Jackson Walker Advises TimeClock Plus in Securing Majority Investment From Providence Equity Partners

September 4, 2019 | Client Results

Jackson Walker advised TimeClock Plus, an industry-leading workforce management software provider, in securing a majority investment from Providence Equity Partners. Financial terms were not disclosed.

Founded in 1988 and headquartered in San Angelo, Texas, TimeClock Plus provides best-in-class technology solutions that help more than 60,000 public and private sector businesses worldwide manage complex timekeeping, employee scheduling, leave management, and other workforce needs. TimeClock Plus products are offered as Software-as-a-Service (SaaS) solutions hosted in the TCP Cloud and are available to customers through purpose-built web applications, application programming interfaces (APIs), hardware terminals, and mobile applications. The products are also seamlessly integrated with more than 300 payroll, Enterprise Resource Planning (ERP) and Human Capital Management (HCM) systems that enable customers to pay their people accurately and on time.

In a September 4, 2019, announcement, TimeClock Plus CEO Ernie Nabors said: “Providence is an excellent partner for us as we embark on our next chapter of growth. Their significant software industry expertise and operational experience will be instrumental in helping us accelerate our growth strategy and identify new opportunities that further strengthen our value proposition to customers.”

Representing TimeClock Plus in the transaction was a Jackson Walker team led by Brandon C. Janes. The team included senior counsel Erik S. Romberg and associates Michael A. Flatter and Kathleen D. Cullen.

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In This Story

Michael A. Flatter
Associate, Austin

Brandon C. Janes
Partner, Austin

Erik S. Romberg
Senior Counsel, Austin