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New Deal


Announced

Completed

Welsh, Carson, Anderson & Stowe completed the investment in GovernmentCIO.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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technology solutions

Completed

digital services

Private

United States

Majority

Single Bidder

Private Equity

Digital Services

Domestic

Acquisition

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Synopsis

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Welsh, Carson, Anderson & Stowe, a US private equity firm focused on technology and healthcare, completed the investment in GovernmentCIO, a provider of advanced technology solutions and digital services to the federal government. Financial terms were not disclosed. "GovernmentCIO's positioning in the healthcare market and depth of capabilities around enduring technology priorities provides a great platform to accelerate the business into additional areas of the federal technology market," Mike Donovan, WCAS General Partner.

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