Like CityBase

announced 9/13/2018 via BNC Analysis

GTY Technology Holdings, will acquire CityBase

synopsis: GTY Technology Holdings Inc., a special purpose acquisition company created by former top Accenture and EMC executives, will be acquiring CityBase, Inc., a Chicago, IL-based provider of a tech platform for people and businesses to interact with utilities and government agencies. CityBase provides end-to-end payment solutions and digital services.
buyer: GTY Technology Holdings (GTYH:$60.45)
GTY Technology is a company developed to consummate a business combination with established technology companies. Their objective is to identify companies with a leading competitive position, a strong management team, a collaborative and collegial culture. "
target: CityBase
CityBase is a technology firm that works with government and utility clients by providing end-to-end payment solutions and digital services that integrate with client databases through a state-of-the-art unified API.
price ($mm)
$160
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/16/2016 via BNC Analysis

Ingenuity, Inc., acquired County Apps

synopsis: Ingenuity, a business and technology services firm, has acquired County Apps, a Birmingham tech startup designed streamline communication between county governments and their citizens. County Apps built the first ever smartphone solution for mobile tag renewals and property tax payments.
buyer: Ingenuity, Inc.
Ingenuity, Inc. is a business and technology services firm. Their Optimization Services include energy/utilities, telecom and IT optimization and invoice management. Their Technology Services include application development, website design, development and hosting, and disaster recovery planning. "
target: County Apps
County Apps designs and delivers software and mobile solutions for local government and the taxpayer community. They built the first ever smartphone solution for mobile tag renewals and property tax payments.
price ($mm)
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EBITDA ($mm)
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closed 2/4/2014 via GlobeNewswire

Xoom Corporation, acquired BlueKite

synopsis: Xoom Corporation, a leading digital money transfer provider, announced it has acquired BlueKite, LTD, a cutting edge technology company that develops solutions and applications to improve the way people around the world pay their bills.
buyer: Xoom Corporation (XOOM:$177.06)
Xoom is an online international money transfer service. They offer a secure, fast, and inexpensive way to send money from our website to friends and family all over the world. Senders can fund their money transfer with a credit card, debit card or bank account. "
target: BlueKite
BlueKite offers a unique, state of the art, web-based platform that allows consumers to make real-time cross border bill payments around the world. Payments are safe, accurate, reliable and guaranteed.
price ($mm)
$15
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/14/2010 via PR Newswire

North American Bancard, acquired Point and Pay, LLC.

synopsis: North American Bancard, LLC, one of the industry's leading payment solutions providers, announced that it has acquired Point and Pay from Vesta Corp. Point and Pay enables government agencies and utilities to accept electronic payments from consumers and businesses for taxes, registrations, licenses, utility bills, and other services and fees.
buyer: North American Bancard
Headquartered in Troy, Michigan, North American Bancard is a multi-faceted payment solutions provider dedicated to providing the latest technology as well as committing to the highest service levels. "
target parent: Vesta Corporation
target: Point and Pay, LLC.
Point and Pay provides a comprehensive suite of applications that allows government and public sector agencies to convert from antiquated paper-based payment processing systems to a fully automated electronic payment and remittance process.
price ($mm)
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closed 8/10/2007 via BusinessWire

Online Resources Corp, acquired Internet Transaction Solutions, Inc

synopsis: Online Resources Corporation a leading provider of web-based financial services, has completed its acquisition of Internet Transaction Solutions, Inc., the leading biller service provider to receivables management companies and utilities. As previously announced, the acquisition price was $45 million in stock and cash.
buyer: Online Resources Corp (ORCC:$154.68)
Online Resources powers Web-based financial services for over 2700 financial institutions, billers and credit service providers. Its proprietary suite of account presentation and payment services are augmented by marketing services to drive consumer and business end-user adoption. "
target: Internet Transaction Solutions, Inc
Internet Transaction Solutions, Inc. provides Total ePayment Solutions® - the most comprehensive and effective electronic payment solution set available. These services enable billers and agencies to be paid by their customers by all electronic payment methods through all payment platforms.
price ($mm)[EV]
$41 [$31]
rev ($mm)
$17
EBITDA ($mm)
$2
EV / rev
2.1x
EV / EBITDA
14.5x
announced 9/21/2020 via GlobeNewswire

Paya, Inc., will acquire The Payment Group

synopsis: Paya, a leading provider of integrated payment and commerce solutions, has announced that it has signed a definitive agreement to acquire The Payment Group (TPG). TPG provides integrated payment solutions to more than 600 utility and municipal government clients, linking all payments with their existing accounting and business management software.
buyer parent: GTCR, LLC
buyer: Paya, Inc. (PAYA:$236.30)
Paya is a leading provider of integrated payment and frictionless commerce solutions that help customers accept and make payments, expedite receipt of money, and increase operating efficiencies. "
target parent: Thompson Street Capital Partners
target: The Payment Group
The Payment Group provides integrated payment solutions to more than 600 utility and municipal government clients, linking all payments with their existing accounting and business management software.
price ($mm)
rev ($mm)
EBITDA ($mm)
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closed 7/27/2012 via Market Wire

Merchant Warehouse, acquired AVATAS Payment Solutions

synopsis: Merchant Warehouse®, a leader and innovator in payment acceptance solutions and merchant account services, announced the acquisition of AVATAS Payment Solutions for cash and equity, an independent sales organization specializing in delivering payment processing services for the heating fuels industries.
buyer: Merchant Warehouse
Merchant Warehouse enables merchants, agents, POS developers and VARs to achieve strategic business advantage through the delivery of current and emerging payment, offer and program solutions and merchant services that dramatically enhance the merchant-customer experience. "
target: AVATAS Payment Solutions
AVATAS Payment Solutions is the nationally recognized utility payment-processing expert. AVATAS boasts more than 600 customers nationwide and focuses on payment automation, technology and cash flow strategies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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announced 2/11/2021 via BusinessWire

Tyler Technologies, Inc., will acquire NIC Inc.

synopsis: Tyler Technologies will acquire NIC Inc., a leading digital government solutions and payments company. Together, the combined company expects to significantly expand its business with federal agencies and leverage Tyler’s sales channels and client base to enhance NIC’s scale and accelerate its strategy of bringing vertical applications to clients.
buyer: Tyler Technologies, Inc. (TYL:$1,442.04)
Tyler Technologies provides integrated software and technology services to the public sector. Tyler's end-to-end solutions empower local, state, and federal government entities to operate more efficiently and connect more transparently with their constituents and with each other. "
target: NIC Inc. (:$460.45)
NIC is a leading digital government solutions and payments company. NIC provides user-friendly digital services, such as applying for unemployment insurance, submitting business filings, renewing licenses, accessing information, and making secure payments without visiting a government office.
price ($mm)[EV]
$2,328 [$2,103]
rev ($mm)
$460
EBITDA ($mm)
$107
EV / rev
4.6x
EV / EBITDA
19.6x
closed 9/16/2021 via finextra.com

Access PaySuite, acquired SmartDebit

synopsis: Access PaySuite, a division of Access UK Ltd, has acquired SmartDebit, the UK’s leading Direct Debit service provider, specializing in payment processing on behalf of businesses, not-for-profits and the public sector since 1998.
buyer parent: TA Associates
buyer: Access PaySuite
Access PaySuite, part of The Access Group, a provider of business software solutions to the mid-market, is one of the UK’s growing digital payments providers operating in a challenging and highly fragmented sector. "
target: SmartDebit
SmartDebit is the UK’s leading Direct Debit service provider, specializing in payment processing on behalf of businesses, not-for-profits and the public sector since 1998.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/4/2018 via BusinessWire

SECURUS Technologies, Inc., acquired GovPayNet

synopsis: Securus Technologies, a leading provider of technology enabled solutions for public safety, law enforcement and investigations, corrections, and government payment services, announced it has acquired GovPayNet, a category leader and solution-oriented processor of credit and debit card payments to government agencies.
buyer parent: Platinum Equity, LLC
buyer: SECURUS Technologies, Inc.
Securus Technologies is a leading provider of technology enabled solutions for public safety, law enforcement and investigations, corrections, and government payment services. "
target: GovPayNet
GovPayNet is a category leader and solution-oriented processor of credit and debit card payments to government agencies. The company provides consumers with payment processing services for court fines and costs; cash bail, speeding and parking violations; and real estate and property tax payments.
price ($mm)
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closed 5/11/2012 via BusinessWire

Wright Express Corporation, acquired CorporatePay

synopsis: Wright Express Corporation, a leading provider of value-based business payment processing and information management solutions, announced that it has acquired the stock of CorporatePay, the largest privately held provider of corporate prepaid solutions to the travel industry in the United Kingdom.
buyer: Wright Express Corporation (WEX:$1,553.37)
Wright Express is a leading provider of value-based, business payment processing and information management solutions. Its fleet, corporate, and prepaid payment solutions provide its more than 350,000 customers with unparalleled security and control across a wide spectrum of business sectors. "
target: CorporatePay
CorporatePay is at the forefront of the rapidly growing digital payments sector. Its innovative and proprietary Prepaid Card Management Platform enables its customers to deliver significant efficiencies in the way they manage payments to employees, agents, suppliers and clients.
price ($mm)
$22
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/13/2018 via BNC Analysis

GTY Technology Holdings, will acquire CityBase

synopsis: GTY Technology Holdings Inc., a special purpose acquisition company created by former top Accenture and EMC executives, will be acquiring CityBase, Inc., a Chicago, IL-based provider of a tech platform for people and businesses to interact with utilities and government agencies. CityBase provides end-to-end payment solutions and digital services.
buyer: GTY Technology Holdings (GTYH:$60.45)
GTY Technology is a company developed to consummate a business combination with established technology companies. Their objective is to identify companies with a leading competitive position, a strong management team, a collaborative and collegial culture. "
target: CityBase
CityBase is a technology firm that works with government and utility clients by providing end-to-end payment solutions and digital services that integrate with client databases through a state-of-the-art unified API.
price ($mm)
$160
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/17/2017 via BusinessWire

CityBase, acquired Department of Better Technology

synopsis: CityBase, a technology provider that makes governments and utilities more accessible to people and businesses, announced that it has acquired Department of Better Technology, an Oakland-based technology company that helps government streamline the decisions behind their online forms.
buyer: CityBase
CityBase gives people and businesses an intuitive way to interact online and in person with government agencies and utilities. CityBase’s technology dramatically improves constituent services through payment solutions, digital services and API development for cities, states and utilities. "
target: Department of Better Technology
The Department of Better Technology helps governments deliver great software to the people they serve. Screendoor, its flagship product, let teams streamline the decisions behind their online forms. Its customers include cities, states and federal agencies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/29/2022 via BusinessWire

GI Partners, will acquire GTY Technology Holdings

synopsis: GTY Technology Holdings Inc., a leading provider of cloud software solutions for the public sector, announced it has entered into a definitive agreement to be acquired by GI Partners, a leading private investment firm.
buyer: GI Partners
GI Partners is a private investment firm based in San Francisco, California. The firm has raised over $32 billion in capital from leading institutional investors around the world to invest in private equity, real estate, and data infrastructure strategies. "
target: GTY Technology Holdings (GTYH:$60.45)
GTY brings leading public sector technology companies together to achieve a new standard in stakeholder engagement and resource management.
price ($mm)[EV]
$398 [$413]
rev ($mm)
$60
EBITDA ($mm)
EV / rev
6.8x
EV / EBITDA
announced 9/19/2018 via PR Newswire

GTY Technology Holdings, will acquire OpenCounter

synopsis: GTY Technology Holdings Inc., a publicly traded special purpose acquisition company, announced that it has entered into definitive agreements to acquire OpenCounter, a builder of user-friendly software to guide applicants through complex permitting and licensing procedures.
buyer: GTY Technology Holdings (GTYH:$60.45)
GTY Technology is a company developed to consummate a business combination with established technology companies. Their objective is to identify companies with a leading competitive position, a strong management team, a collaborative and collegial culture. "
target: OpenCounter
OpenCounter builds online permitting software for municipal governments. The software uses an advanced rules engine that lets applicants calculate the permit requirements for their projects, and apply for permits online.
price ($mm)
$15
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/19/2018 via PR Newswire

GTY Technology Holdings, will acquire Questica Inc

synopsis: GTY Technology Holdings Inc., a publicly traded special purpose acquisition company, announced that it has entered into definitive agreements to acquire Questica. Questica's highly scalable software has been implemented at organizations managing an annual budget of $10 million to others with multi-billion-dollar annual budgets.
buyer: GTY Technology Holdings (GTYH:$60.45)
GTY Technology is a company developed to consummate a business combination with established technology companies. Their objective is to identify companies with a leading competitive position, a strong management team, a collaborative and collegial culture. "
target: Questica Inc
As a leader of budgeting and preparation software since 1998, Questica's goal is to make public sector finance better for everyone. Questica's highly scalable software has been implemented at organizations managing an annual budget of $10 million to others with multi-billion-dollar annual budgets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/19/2019 via BusinessWire

GTY Technology Holdings, merged with Bonfire Interactive

synopsis: Bonfire Interactive, a leader in strategic sourcing and procurement software, has formally merged with GTY Technology Holdings Inc. in a business combination with five other leading software as a service (SaaS) companies specializing in government technology.
buyer: GTY Technology Holdings (GTYH:$60.45)
GTY Technology is a company developed to consummate a business combination with established technology companies. Their objective is to identify companies with a leading competitive position, a strong management team, a collaborative and collegial culture. "
target: Bonfire Interactive
Bonfire, a leader in strategic sourcing and procurement technology, empowers organizations to make the right purchasing decisions. With tools to support the entire vendor lifecycle, Bonfire goes beyond traditional mechanics to make complex decision making easy.
price ($mm)
$108
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/19/2018 via PR Newswire

GTY Technology Holdings, will acquire eCivis

synopsis: GTY Technology Holdings Inc., a publicly traded special purpose acquisition company, announced that it has entered into definitive agreements to acquire eCivis. eCivis is the leading online provider of federal, state, and foundation grants information and grants management solutions for government entities and their partners.
buyer: GTY Technology Holdings (GTYH:$60.45)
GTY Technology is a company developed to consummate a business combination with established technology companies. Their objective is to identify companies with a leading competitive position, a strong management team, a collaborative and collegial culture. "
target: eCivis
eCivis is the leading online provider of federal, state, and foundation grants information and grants management solutions for government entities and their partners.
price ($mm)
$50
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/19/2018 via PR Newswire

GTY Technology Holdings, will acquire Sherpa Government Solutions

synopsis: GTY Technology Holdings Inc., a publicly traded special purpose acquisition company, announced that it has entered into definitive agreements to Sherpa Government Solutions. Sherpa is a provider of public sector budgeting software and consulting services.
buyer: GTY Technology Holdings (GTYH:$60.45)
GTY Technology is a company developed to consummate a business combination with established technology companies. Their objective is to identify companies with a leading competitive position, a strong management team, a collaborative and collegial culture. "
target: Sherpa Government Solutions
Sherpa is a provider of public sector budgeting software and consulting services. Clients have benefitted from a unique deployment model, staffing projects with consultants averaging 20 years of experience and having one project team from sales through implementation to post-implementation support.
price ($mm)
$8.00
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/13/2018 via BNC Analysis

GTY Technology Holdings, will acquire CityBase

synopsis: GTY Technology Holdings Inc., a special purpose acquisition company created by former top Accenture and EMC executives, will be acquiring CityBase, Inc., a Chicago, IL-based provider of a tech platform for people and businesses to interact with utilities and government agencies. CityBase provides end-to-end payment solutions and digital services.
buyer: GTY Technology Holdings (GTYH:$60.45)
GTY Technology is a company developed to consummate a business combination with established technology companies. Their objective is to identify companies with a leading competitive position, a strong management team, a collaborative and collegial culture. "
target: CityBase
CityBase is a technology firm that works with government and utility clients by providing end-to-end payment solutions and digital services that integrate with client databases through a state-of-the-art unified API.
price ($mm)
$160
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/29/2022 via BusinessWire

GI Partners, will acquire GTY Technology Holdings

synopsis: GTY Technology Holdings Inc., a leading provider of cloud software solutions for the public sector, announced it has entered into a definitive agreement to be acquired by GI Partners, a leading private investment firm.
buyer: GI Partners
GI Partners is a private investment firm based in San Francisco, California. The firm has raised over $32 billion in capital from leading institutional investors around the world to invest in private equity, real estate, and data infrastructure strategies. "
target: GTY Technology Holdings (GTYH:$60.45)
GTY brings leading public sector technology companies together to achieve a new standard in stakeholder engagement and resource management.
price ($mm)[EV]
$398 [$413]
rev ($mm)
$60
EBITDA ($mm)
EV / rev
6.8x
EV / EBITDA
announced 3/23/2022 via BNC Analysis

TPXimpact, will acquire Swirrl

synopsis: TPXimpact Holdings PLC, the technology-enabled services company focused on digital transformation, announces acquisition of Swirrl IT Ltd. Stirling-based Swirrl IT Ltd, is a cloud-based open data consultancy specialist with a focus on data integration and dissemination in public sector organisations.
buyer: TPXimpact (TPX.L:$89.00)
UK-based TPXimpact delivers impactful, sustainable, digital transformation to enrich how individuals and society experience the world. TPXimpact was founded by Neal Gandhi and Oliver Rigby and was formerly known as The Panoply Group. "
target: Swirrl
Stirling-based Swirrl IT Ltd, is a cloud-based open data consultancy specialist with a focus on data integration and dissemination in public sector organisations. Through its 'PublishMyData' platform, Swirrl works to help government organisations better manage and distribute their data.
price ($mm)
$4.21
rev ($mm)
$3
EBITDA ($mm)
$1
EV / rev
1.7x
EV / EBITDA
6.4x
closed 3/17/2022 via PR Newswire

Brandt Information Services, acquired Terra Technology Group

synopsis: Brandt Information Services, a NexPhase Capital-backed company and a leading provider of outdoor recreational licensing and camping reservation software, announced the acquisition of Terra Technology Group, a leading SaaS technology provider for outdoor licensing and recreational solutions.
buyer parent: NexPhase Capital
buyer: Brandt Information Services
Brandt Information Services is a NexPhase Capital-backed company and a leading provider of outdoor recreational licensing and camping reservation software. "
target: Terra Technology Group
Terra Technology Group is a leading provider of next-generation outdoor licensing and recreational solutions. TTG partners with fish and wildlife agencies to provide innovative technology for conservation and natural resource licensing needs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/16/2021 via GlobeNewswire

Rubicon Technologies, LLC will be merged with Founder SPAC,

synopsis: Rubicon Technologies, an innovative software platform that provides smart waste and recycling solutions for businesses and governments worldwide, has entered into a merger agreement with Founder SPAC, a publicly-traded special purpose acquisition company.
buyer: Founder SPAC (FOUN:$0.00)
Founder SPAC is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. "
target: Rubicon Technologies, LLC
Rubicon is an innovative software platform that provides smart waste and recycling solutions for businesses and governments worldwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/20/2021 via BNC Analysis

MIT Group, acquired Fluent Technology

synopsis: MIT Group, a provider of transformative technology solutions in the UK, has acquired Fluent Technology, a leader in grant management software in Ireland. Fluent's Flexi-Grant is a cloud-based grant management software solution that helps charities, academies, foundations and government bodies to streamline and manage their grant management systems.
buyer parent: Valsoft Corp
buyer: MIT Group
MIT Group is a provider of transformative technology solutions in the UK. MIT Group acquires and nurtures successful software businesses. Their group of companies provide solutions for various industries, including aviation, oil and gas, manufacturing, food and beverage, and public safety. "
target: Fluent Technology
Fluent Technology is a leader in grant management software in Ireland. Fluent's Flexi-Grant is a cloud-based grant management software solution that helps charities, academies, foundations and government bodies to modernise, streamline and manage their grant management systems.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
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closed 8/26/2021 via GlobeNewswire

Granicus, Inc., acquired GovQA

synopsis: Granicus, the leading provider of cloud-based digital experience solutions for the public sector, announced the acquisition of GovQA, the nation’s leading provider of public records and compliance workflow solutions for government.
buyer parent: Vista Equity Partners
buyer: Granicus, Inc.
Granicus is a leading provider of cloud-based citizen engagement technologies and services. With cloud-based solutions for communications, government website design, online service delivery, records management, and more, Granicus empowers stronger relationships between government and citizens. "
target: GovQA
GovQA is the leading provider of cloud-based SaaS automated workflow solutions for government compliance. Customers use their software to more easily process and manage public records and information requests.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/31/2021 via GlobeNewswire

mdf commerce, acquired Periscope Holdings, Inc

synopsis: mdf commerce, a leader in SaaS commerce technology solutions, has acquired Periscope, a leading eProcurement solution provider with over 20 years of history that offers a fully integrated, end-to-end procurement solution to both state and local government agencies and suppliers in the U.S.
buyer: mdf commerce (TSX:MDF:$67.72)
mdf commerce enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. "
target parent: Parthenon Capital Partners
target: Periscope Holdings, Inc
Periscope is a leading eProcurement solution provider with over 20 years of history that offers a fully integrated, end-to-end procurement solution to both state and local government agencies and suppliers in the U.S.
price ($mm)
$260
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/14/2021 via Company Press Release

Visma Advantage, acquired iAsset B.V.

synopsis: Leading European software company Visma, has acquired iASSET, a leading provider of IT solutions that offer a complete overview of all objects in public space; from roads and bridges to trees and public lightning.
buyer: Visma Advantage
Visma is the leading provider of business software and business processes for accounting & payroll in Europe. The group comprises five business areas which are Visma Software, Visma BPO Accounting & Payroll, Visma Procurement & Collecting, Visma Retail and Visma System Development & Integration. "
target: iAsset B.V.
iASSET is one of the top 3 players and one of the fastest growing providers in Asset Management software systems for public space management in The Netherlands and Belgium.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/24/2021 via Company Press Release

Xero Limited, will acquire Tickstar AB

synopsis: Xero, a company that provides an easy-to-use cloud-based accounting software service, is to acquire Tickstar AB, a company that develops and operates an e-invoicing infrastructure cloud platform that allows organizations to connect to a global e-invoicing network for governments and businesses in Sweden and internationally.
buyer: Xero Limited (ASX:XRO:$644.37)
Xero provides an easy-to-use cloud-based accounting software service for small businesses and their advisors around the world. Xero connects more than two million subscribers with an ecosystem of over 800 third-party apps and 200 plus connections to banks and financial service providers. "
target: Tickstar AB
Tickstar AB develops and operates an e-invoicing infrastructure cloud platform that allows organizations to connect to a global e-invoicing network for governments and businesses in Sweden and internationally. The company was founded in 2007 and is based in Stockholm, Sweden.
price ($mm)
$7.02
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/17/2020 via GlobeNewswire

Aware, Inc., acquired AFIX

synopsis: Aware, Inc., a leading global provider of biometrics software products, solutions and services, has acquired the AFIX™ suite of biometric products from Maxar Technologies. AFIX provides turnkey face and fingerprint biometric matching and forensic analysis software for small and medium-sized law enforcement and government agencies.
buyer: Aware, Inc. (US:AWRE:$16.28)
Aware is the world’s leading provider of biometrics products and solutions. Aware’s identity verification and management solutions support financial services, enterprise security, healthcare, human resources, citizen ID, border management, law enforcement, defense, and intelligence. "
target parent: Maxar Technologies
target: AFIX
AFIX provides turnkey face and fingerprint biometric matching and forensic analysis software for small and medium-sized law enforcement and government agencies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/2/2020 via BusinessWire

Phone2Action, acquired GovPredict

synopsis: Phone2Action, the leading digital advocacy and civic engagement platform, has acquired GovPredict, a technology company that provides legislative, regulatory and issue monitoring, as well as campaign finance intelligence.
buyer: Phone2Action
Phone2Action is a comprehensive digital engagement and communications platform for grassroots advocacy, public affairs and government relations. Phone2Action's innovative, user-friendly products make government participation accessible in the digital age. "
target: GovPredict
GovPredict is an enterprise software platform for government affairs teams. It has allowed Fortune 500 clients, major trade associations, and nonprofits to track and report on legislation, regulations and policy issues; coordinate advocacy campaigns; and raise political and PAC donations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/16/2020 via Company Press Release

Main Capital Partners BV, acquired Mach AG

synopsis: Main Capital, a Netherlands-based software investor, has acquired a majority stake MACH AG, a market leading software vendor for the German government sector. With its comprehensive product portfolio and deep sector expertise, MACH is a frontrunner in providing digital services and solutions to German governmental bodies.
buyer: Main Capital Partners BV
Netherlands-based Main Capital is a strategic investor with an exclusive focus on the software sector in the Benelux, Germany, Austria, Switzerland, and Nordics regions. Within this sector, Main Capital is the most specialized company in management buyouts and later-stage growth capital. "
target: Mach AG
Germany-based MACH supports public administrations with the digitization of projects. MACH provides a one-stop solution for software, consulting, and execution for federal and state authorities, church administrations, educational and research institutions, and non-governmental organizations.
price ($mm)
rev ($mm)
$52
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 9/3/2020 via BNC Analysis

Mercell Holding AS, acquired Comcare A/S

synopsis: Mercell Holding AS, a leading e-tendering platform provider in Europe, has acquired Comcare AS, a Danish provider of e-procurement solutions. Comcare offers a cloud-based e-procurement system for the public sector. Their RakatX platform provides solutions for contract management, catalog management, project management and more.
buyer: Mercell Holding AS (OB:MRCEL-ME:$48.52)
Mercell is a leading Nordic provider of eTender system and Tender Offers. Suppliers in all industries use Mercell eTender system to find tenders and contracts in the public sector. They simplify the public procurement process and makes it easy for the buyer to interact with suppliers. "
target: Comcare A/S
Comcare is a Danish provider of e-procurement solutions. Comcare offers a cloud-based e-procurement system for the public sector. Their RakatX platform provides solutions for contract management, catalog management, project management and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/8/2020 via Yahoo, Inc.

IPRO Tech, acquired NetGovern

synopsis: Ipro Tech, LLC, the leader in eDiscovery, case management, and trial technology, is excited to announce the acquisition of NetGovern, a leader in Information governance, risk, and compliance software. Joining these two global companies and their technologies will provide an innovative workflow in the legal industry.
buyer: IPRO Tech
Founded in 1989, Ipro is a global leader in the development of advanced software solutions used by legal professionals to streamline the discovery process. Ipro offers proven eDiscovery to Trial software, services, and support – bundled as a solution and deployed on Cloud, On-Prem, or Desktop. "
target: NetGovern
NetGovern is a leader in Information governance, risk, and compliance software. NetGovern's information archiving and governance software helps mid-sized organizations solve data compliance, safeguard personal information, simplify eDiscovery and protect their reputation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/23/2020 via BNC Analysis

Mercell Holding AS, acquired Aksess Innkjøp

synopsis: Mercell, an Oslo, Norway-based company providing software for electronic submission of public tenders, announced that it acquired Aksess Innkjøp, a company that provides a cloud based solution for the public sector and their vendors, digitizing the procurement process from announcement to purchase, also based in Norway.
buyer: Mercell Holding AS (OB:MRCEL-ME:$48.52)
Mercell is a leading Nordic provider of eTender system and Tender Offers. Suppliers in all industries use Mercell eTender system to find tenders and contracts in the public sector. They simplify the public procurement process and makes it easy for the buyer to interact with suppliers. "
target parent: KapNord Fund
target: Aksess Innkjøp
Aksess Innkjøp, based in Bodø, provides a cloud based solution for the public sector and their vendors, digitizing the procurement process from announcement to purchase. Its solution is used by 23 municipalities and 14 government agencies in the Norwegian market.
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closed 3/19/2020 via BNC Analysis

Central Research Inc., acquired Global Emergency Response Inc.

synopsis: Lowell-based Central Research Inc., a provider of management and financial services for government and commercial sectors, announced the purchase of Global Emergency Response Inc., a software and technology services company that specializes in emergency technology systems.
buyer: Central Research Inc.
Central Research, Inc. (CRI) provides customized management and financial service solutions for government and commercial sectors, including records and document management, call center and debt collection, and improper payments. "
target: Global Emergency Response Inc.
Global Emergency Response was founded in 2004 and is based in Augusta, Ga. The company provides web and mobile-based, near real-time status tracking and situational awareness information systems for use by healthcare, emergency response and governmental organizations, according to a news release.
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closed 4/1/2020 via BusinessWire

Francisco Partners Management LLC, acquired Smith Technologies

synopsis: Francisco Partners has acquired Smith Technologies, a subsidiary of J M Smith Corporation. Smith Technologies® is comprised of products and services from the QS/1, Integra, LTC and PUBLIQ Software brands. QS/1 designs, builds, and supports industry-leading retail pharmacy management systems. The company will be rebranded as RedSail Technologies
buyer: Francisco Partners Management LLC
Francisco Partners is a leading global private equity firm that specializes in investments in technology and technology-enabled businesses. They have invested in over 275 technology companies, making them one of the most active and longstanding investors in the technology industry. "
target parent: J M Smith Corporation
target: Smith Technologies
Smith Technologies, a unit J M Smith Corporation, is comprised of products and services from the QS/1, Integra, LTC and PUBLIQ Software brands. QS/1 designs, builds, and supports industry-leading retail pharmacy management systems. PUBLIQ Software provides software for state and local governments.
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announced 10/3/2019 via PR Newswire

Trimble, will acquire CityWorks

synopsis: Trimble announced it has signed a definitive agreement to acquire privately-held Cityworks (Azteca Systems LLC), a leading provider of enterprise asset management (EAM) software for utilities and local government.
buyer: Trimble (TRMB:$3,659.10)
Trimble is transforming the way the world works by delivering products and services that connect the physical and digital worlds. Core technologies in positioning, modeling, connectivity and data analytics enable customers to improve productivity, quality, safety and sustainability. "
target: CityWorks
Cityworks streamlines the way government agencies and utilities manage infrastructure and property by combining the power and flexibility of Geographic Information System (GIS) mapping technology with the business logic of asset management, permitting, licensing and more.
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closed 4/4/2019 via BusinessWire

Granicus, Inc., acquired Firmstep

synopsis: Granicus, the leading provider of cloud-based software solutions and digital engagement services for the public sector, announced that it has acquired Firmstep, a London-based global leader specializing in government service transformation.
buyer parent: Vista Equity Partners
buyer: Granicus, Inc.
Granicus connects governments with the people they serve by providing the first and only civic engagement platform for the public sector. Over 4,200 federal, state and local government agencies and more than 185 million citizen subscribers power an unmatched network. "
target: Firmstep
The Firmstep platform is one of the most widely used Customer Service solutions within the Public Sector. Firmstep has been implemented at over a third of UK local authorities to drive channel shift, create dramatic savings and provide excellent customer service.
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closed 3/13/2019 via PR Newswire

i3 Verticals, LLC, acquired iGov Solutions

synopsis: i3 Verticals has acquired iGov Solutions, a one-stop shop for regulatory licensing software solutions. The company created a state-of-the-art software product, Integrated Licensing and Enforcement Management System known as iLEMS™, as a commercial off-the-shelf and SaaS product.
buyer: i3 Verticals, LLC (IIIV:$152.34)
i3 Verticals delivers seamlessly integrated payment and software solutions to small- and medium-sized businesses and other organizations in strategic vertical markets, such as education, non-profit, public, property management, and healthcare and to the business-to-business payments market. "
target: iGov Solutions
iGov Solutions is a one-stop shop for regulatory licensing software solutions. The company created a state-of-the-art software product, Integrated Licensing and Enforcement Management System known as iLEMS™, as a commercial off-the-shelf and SaaS product.
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