Padoa acquired by Thoma Bravo

Padoa is a French company specializing in the development of software solutions for occupational health. Founded in 2016 in Paris, the company has built a SaaS platform designed to digitize and streamline the activities of intercompany occupational health and prevention services (SPSTI). The solution aims to centralize medical and administrative data, facilitate employee monitoring pathways, and enhance coordination among various stakeholders in the occupational health sector. The company has developed an integrated technological approach, combining medical record management, visit scheduling, occupational risk tracking, and performance management tools for healthcare professionals. Padoa primarily targets a regulated and recurring market characterized by structural digitalization and compliance needs. This positioning enables the company to benefit from a subscription-based business model with a high revenue recurrence rate. As a result, Padoa has established itself as a reference player in its segment in France, driven by the growing adoption of its platform by occupational health services. The company's development has been supported by several specialized venture capital and private equity investors, allowing it to accelerate its product deployment and commercial expansion. Padoa operates at the intersection of the healthcare and SaaS technology sectors, with a strong regulatory component and a client base comprising institutional entities.