Transaction

Clearwater UK advises E-days on its investment from Palatine Impact

Transaction

e-days Absence Management received investment from Palatine Impact

Sell-side

Undisclosed

Role

Adviser to e-days Absence Management on receiving investment from Palatine Impact

Sector

Tech & Tech Services

Region

UK

Clearwater UK has advised e-days, the rapidly growing provider of employee absentee management software, on its significant investment from Palatine Impact (Palatine).

Formed in 2005, e-days is a market-leading software as a service (SaaS) solution for managing, processing and tracking employee leave and absence. The tool accurately monitors, authorises and plans employee leave and sickness, analysing patterns to deliver efficiency gains across organisations. Its product is mobile friendly and suitable for all organisations, and is now used across virtually every business sector by more than 1,000 companies in 80 countries.

Palatine’s Impact Fund, a £100m investment vehicle, targets growth companies that also deliver a positive social and/or environmental impact. Partner and Head of the Impact Fund Beth Houghton and Investment Director James Gregson will join the e-days board as the business looks to develop its employee wellbeing offering.

image 100

Transactions