Announced
Financials
Sources
Tags
United States
Majority
Acquisition
Friendly
Software
Pending
Merger
compliance software
Private Equity
Single Bidder
Domestic
Private
Disposal
Synopsis
Warburg Pincus-backed NEOGOV, a provider of public sector human resources software, agreed to merge with PowerDMS, a cloud-based compliance software provider. Financial terms were not disclosed. "Delivering transformative Cloud-based solutions that automate and scale complex processes needed to run local government is at the heart of what both companies do well. By expanding its offering to include the products of PowerDMS, NEOGOV is well-positioned to continue our success and further increase a combined footprint in the public sector," David DiGiacomo, PowerDMS CEO.
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