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New Deal


Announced

Completed

Thompson Street Capital Partners completed the acquisition of GovSpend.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Private

Single Bidder

Completed

United States

Digital Services

Private Equity

intelligence solutions

Domestic

Friendly

Synopsis

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Thompson Street Capital Partners, a private equity firm, completed the acquisition of GovSpend, a provider of government intelligence solutions to thousands of government vendors and agencies. Financial terms were not disclosed. “We are pleased and excited to have TSCP as a partner to help catalyze further growth in the business, both organically and via M&A. This transaction is an important milestone for govtech companies as further evidence of the space maturing in just the past decade. We are thrilled to continue to help our government procurement customers deliver on their mission while removing friction for government vendors to sell their goods and services," Jeff Rubenstein, GovSpend Founder and CEO.

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