Gusto Initiates $200 Million Tender Offer
Gusto, a valued HR tech startup, is conducting a $200 million tender offer led by the Ontario Teachers’ Pension Plan, allowing employees to cash out shares and marking the company's ongoing growth amid a limited IPO market. The deal reflects Gusto's strong financial position, with over $500 million revenue in 2023, and its focus on expanding its HR services and product offerings.