Condeco Announces Strategic Growth Investment from Thoma Bravo and JMI Equity

Condeco Software (“Condeco”), the global leader in workspace scheduling technology, today announced a strategic growth investment from Thoma Bravo and JMI Equity. The investment is expected to accelerate Condeco’s growth globally and drive increased innovation within Condeco’s workplace scheduling technology platform. Paul Statham along with other members of Condeco’s management team will remain significant shareholders.

Founded by CEO Paul Statham in 2005, Condeco serves over 2,000 leading companies, providing transformational technology to improve employee experiences and manage workspaces, allowing companies to quickly adapt to the ever-changing office environment. Headquartered in London with offices around the world, Condeco combines its world-leading technology with its team’s unrivaled experience, helping millions easily find and reserve workspaces and meeting rooms, and providing workspace management and analytics solutions. Thoma Bravo and JMI intend to leverage their deep expertise and prior experience in workplace management software to help Condeco expand its customer base and accelerate growth and innovation.

“We are so excited to be taking this next step in our growth journey and to be partnering with Thoma Bravo and JMI,” said Paul Statham, Founder and CEO of Condeco. “As new ways of working have driven demand for innovative and flexible workspaces, Condeco is well-positioned to continue our global expansion and technological innovation. Our goal is to provide smart solutions to power the office of the future by making flexible working more efficient and offices more productive and collaborative. Thoma Bravo and JMI have an unparalleled track record of facilitating the growth of the software companies they partner with, and we are confident that their industry and operational expertise will help accelerate our momentum and take our business to the next level as we create the smart workplace of tomorrow.”