Thomsons Online Benefits Ltd., a London, UK-based provider of benefit and pension administration, workflow and reporting solutions, and ancillary consulting services, received an investment from Veronis Suhler Stevenson.
The investment, whose amount was not disclosed, was made in conjunction with ABRY Partners’ acquisition of Thomsons.
Founded in 2000, Thomsons provides Darwin, a SaaS-based benefits and pension administration, workflow and reporting product that allows customers, employees and benefit providers to make real-time changes and analysis to their benefit schemes.
Clients include over 260 UK mid-market and multi-national corporations.
The company operates additional offices in Singapore and Romania.
VSS’s investment was made through its second structured capital fund, VSS Structured Capital II.