True Wind Capital (True Wind), a San Francisco-based private equity firm focused on investing in leading technology companies, and Elyan Partners (Elyan), a member of the Edmond de Rothschild Private Equity partnership, have made a growth investment in Envoy Global (Envoy), a provider of software and services solutions to the global business immigration market.
True Wind and Elyan are partnering with Palladium Equity Partners (Palladium), affiliates of which acquired Envoy in September 2021 and which will remain the company’s largest shareholder.
Based in Chicago, Envoy provides workforce management solutions that empower companies to hire the best talent regardless of where they live while enhancing transparency and efficiency for both employees and employers. The company serves nearly 1,000 customers, including many Fortune 500 companies, across a broad range of industries, such as technology, healthcare, and finance, with an emphasis on STEM workforce needs.
