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New Deal


Announced

Completed

Thompson Street Capital Partners and Endicott Growth Equity Partners-backed GovSpend completed the acquisition of Fedmine.

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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Completed

federal government contracting

United States

Specialty Contracting

Majority

Friendly

Private

Single Bidder

Acquisition

Private Equity

Domestic

Synopsis

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Thompson Street Capital Partners and Endicott Growth Equity Partners-backed GovSpend, a developer of a database of local, state and national government agency purchasing data, completed the acquisition of Fedmine, the operator of a technology platform that provides detailed federal government contracting and spend data analysis and growth support solutions. Financial terms were not disclosed. "Combining the proprietary and most advanced state and local solution with the leading SaaS platform of integrated federal spending data makes GovSpend the only company capable of providing industry and government with this data across the federal, state, and local levels," Ashok Mehan, Fedmine Founder and CEO.

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