“As one of the leading independent Workday Service Partners, Invisors has achieved impressive growth since inception and is at the forefront of the accelerating shift toward cloud HCM and ERP platforms,” said Rick Williams, Managing Partner at WestView who will join Invisors’ Board of Directors. WestView’s investment will enable Invisors to accelerate its 5-year growth plan, bringing greater services and solutions to its clients and career growth opportunities to its teammates. “We all ‘took a leap of faith’ when joining Invisors and our collective hard work to date has paid off with this investment.” “Having a firm like WestView invest in our organization is a signal to our teammates, to our customers and to Workday, that Invisors has built a strong, successful organization that is poised for continued growth,” said Will Hardy, Invisors co-founder. Recommended AI News: InMobi and HUMAN Partner to Keep Mobile In-App Advertising Secure and Human Magazine’s 5,000 Fastest-Growing Private Companies. Magazine’s Best Workplaces, Fortune’s Best Medium Workplaces, and Inc. Invisors’ track record of successful results has been recently recognized by Fortune’s Great Place to Work, Inc. The Company’s founding team has an extensive track record in building IT consulting businesses and has successfully completed over 200 Workday client engagements. Invisors provides initial implementation, optimization, and ongoing support services for Workday’s suite of products, including Human Capital Management, Financial Management, Adaptive Planning and Prism Analytics. Sectors of interest include business services, software and IT services, consumer, healthcare technology and outsourcing, growth industrial, and consumer.Invisors, a Workday Services Partner, announced that it has received a minority growth investment from WestView Capital Partners, a Boston-based private equity firm focused on middle market growth companies. McKeever.īoston-based WestView makes majority and minority investments of $15 million to $60 million in lower middle-market growth companies. “Invisors has a demonstrated track record of success, growing at rates significantly ahead of its peers,” said Mr. Members of the Abacus transaction team included Managing Director and COO Sean McKeever and Vice President Joseph Lee. ![]() The firm is headquartered in New York and is an affiliate of New York Private Bank & Trust which was founded in 1850. Since its founding in June 2011, Abacus has closed over $2 billion in financings. Debt facilities can be as large as $50 million. As in other transactions, our success was a function of our speed, cash-flow flexibility, and certainty of close – key aspects of what we call our Total Partnership Approach™.” (The Total Partnership Approach is the firm’s operating strategy that merges its cash-flow financing expertise, deep industry knowledge and client service capabilities to give its private equity and family office sponsors the certainty of close and transactional peace of mind).Ībacus provides cash flow-based senior financing to private equity and family office-sponsored, lower-middle market companies that have EBITDA between $3 million and $15 million. “We were extremely impressed with the senior management team and are excited to be their financing partner as they embark on the next stage of growth. “Invisors and its founding partners have an impressive track record as a service partner within the Workday ecosystem,” said Tim Clifford, the president and CEO of Abacus. It’s great to have seen both of our firms grow together.” ![]() Abacus is an important and valued relationship for us at WestView. Once again, the entire process was handled smoothly and efficiently. “One, they are easy to work with, and two, they are extremely reliable. “We selected the Abacus team, whom we have known for many years, for two reasons,” said Rick Williams, a managing partner of WestView. Invisors services include initial implementation, add-on modules, post-launch support and optimization.Ībacus was the administrative agent and the lead arranger on the transaction and the firm also made an equity co-investment in Invisors. Workday is a California-based provider of cloud-based financial management and human capital management software. Abacus Finance Group has provided senior secured credit facilities to back the minority recapitalization of Invisors by WestView Capital Partners.Ītlanta-headquartered Invisors is a provider of IT consulting services with a specialization in the Workday product suite.
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