Thompson Street Capital Partners completed the acquisition of GovSpend.

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.