{"id":95740,"date":"2026-09-09T06:07:06","date_gmt":"2026-09-09T10:07:06","guid":{"rendered":"https:\/\/hedgeco.net\/news\/09\/2026\/thoma-bravo-made-a-strategic-growth-investment-in-tanda.html"},"modified":"2026-09-09T06:07:06","modified_gmt":"2026-09-09T10:07:06","slug":"thoma-bravo-made-a-strategic-growth-investment-in-tanda","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2026\/thoma-bravo-made-a-strategic-growth-investment-in-tanda.html","title":{"rendered":"Thoma Bravo Made a Strategic Growth Investment in Tanda:"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/09\/2026-09-09-tanda-hero.jpg\" alt=\"Thoma Bravo Made a Strategic Growth Investment in Tanda:\" \/><\/p>\n<p>HedgeCo.Net \u2014 Thoma Bravo announced a strategic growth investment in Tanda, a Brisbane-based workforce management, payroll, and HR platform for shift-based employers that also operates internationally as Workforce.com. Terms of the transaction were not disclosed in Thoma Bravo\u2019s release or the PR Newswire distribution. Both statements said Tanda\u2019s co-founders will remain significant shareholders and continue to lead the company, with Jake Phillpot remaining chief executive officer.<\/p>\n<p>Tanda said it has been bootstrapped since its 2012 founding and serves approximately 8,000 businesses globally across hospitality, retail, quick-service restaurants, healthcare, and other frontline industries. Proceeds are earmarked for product innovation, including an AI roadmap, and expansion into new markets. Thoma Bravo described itself as holding approximately $170 billion in assets under management as of June 30, 2026. Partner Carl Press and Principal Adam Kinalski spoke for the firm; Barrenjoey advised Tanda and Piper Sandler advised Thoma Bravo.<\/p>\n<p>This is a disclosed growth investment with undisclosed terms\u2014not a take-private with a printed valuation. Mark the strategic growth investment, founder continuity \/ Phillpot as CEO, ~8,000-customer framing, and undisclosed terms as the hard tape. Do not import pre-announcement bidding rumors as the closed price. The allocator object is software PE growth equity into a bootstrapped vertical SaaS payroll\/WFM platform.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net \u2014 Thoma Bravo announced a strategic growth investment in Tanda, a Brisbane-based workforce management, payroll, and HR platform for shift-based employers that also oper\u2026 <a class=\"continue_reading_link btn btn-mini\" href=\"https:\/\/hedgeco.net\/news\/09\/2026\/thoma-bravo-made-a-strategic-growth-investment-in-tanda.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":95739,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[10583,19382,19380,18868,19381],"class_list":["post-95740","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-equity","tag-growth-equity","tag-software","tag-tanda","tag-thoma-bravo","tag-workforce-com"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=95740"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/95739"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=95740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=95740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=95740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}