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0 0 0.00233544635622711 0.00233544635622711 0.0012868786044517 0.000905581240169667 0.00233544635622711 0.00448024403031313
Stock impact report

OneSource Virtual Announces Strategic, Majority Growth Investment from TA [Yahoo! Finance]

Workday, Inc. - Class A (WDAY) 
Last workday, inc. - class a earnings: 2/27 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
ecosystem, today announced a strategic, majority growth investment from TA Associates (TA), a leading global private equity firm. This investment will support the continuation of OSV's organic growth, product innovation, and enhanced customer capabilities across the Workday ecosystem. As part of the transaction, OSV founders, management, and employees will retain a significant minority stake in OSV. Halyard Capital and TCV will fully exit their stakes in OSV. Financial terms of the transaction will not be publicly disclosed. Founded in 2008, OSV's services and technology are purpose-built for the more than 1,400 Workday customers who trust OSV to handle payroll, tax, earned wage access, accounts payable, and benefits services. OSV provides a seamless, in-tenant experience for shared Workday clients, enabling them to execute time-sensitive business processes efficiently and accurately. OSV has grown its client base by 20% annually since 2020, highlighting the increasing value of it Show less Read more
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