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New Deal


Announced

Completed

Granicus completed the acquisition of GovQA.

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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Friendly

compliance software

Majority

Domestic

Software

Completed

software development

Acquisition

Single Bidder

United States

Private

Synopsis

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Granicus, a provider of cloud-based digital experience solutions for the public sector, completed the acquisition of GovQA, a provider of public records and compliance workflow solutions for government. Financial terms were not disclosed. "Governments are experiencing a massive influx of records requests filed by the public, corporations, and media; with some seeing a 500% increase in requests and even greater increases in the resources needed to fulfill these requests compared to only a few years ago," Mark Hynes, Granicus CEO.

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