Bow River Capital's Software Growth Equity Team Invests in Topia
- Editor
- Jun 25
- 2 min read
Whats Happening:
Bow River Capital's Software Growth Equity team has completed a majority recapitalization of Topia, a Global Mobility Management and Distributed Work Compliance platform. Topia, founded in 2010, has established a strong presence across Global 2000 industry verticals, providing solutions for global workforce compliance and regulatory/tax withholding risks. This marks the 12th portfolio company for Bow River Capital's SGE platform.
Key Moves:
Bow River Capital completes majority recapitalization of Topia
Topia becomes the 12th portfolio company for Bow River's SGE platform
Topia relocates global headquarters to Denver, Colorado
By The Numbers:
$10 billion addressable market for global mobility and remote workforce management
Topia serves Global 2000 industry verticals
Topia's platform manages complex payroll instructions and bi-directional integrations
Key Quotes:
"Thematically we anchor our investment strategy and growth capital into cashflow breakeven SaaS firms focused on solving really messy, complex problems for the world's best run companies," - John Raeder, Vice Chairman and Head of Software Investments at Bow River Capital
"Our number one company priority is aimed at delivering significant value and best practices outcomes to our global clients, synchronized with major investments in new product and technology," - David J. Walters, President and CEO at Topia
"We deeply diligenced and gained robust conviction in the $10 billion addressable market aimed at innovating the global mobility and remote workforce management space," - Sean O'Connell, Vice President on Bow River Capital's SGE team
Bottom Line:
Bow River Capital's investment in Topia represents a strategic move into the growing global mobility and remote workforce management market. With a $10 billion addressable market and Topia's established presence among Global 2000 companies, this investment aligns with Bow River's focus on cashflow-positive SaaS firms solving complex problems. The partnership aims to drive innovation and growth in the global mobility space.
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