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New Deal


Announced

Completed

Insight Partners-backed CivicPlus completed the acquisition of Municipal Code.

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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Private Equity

Domestic

legal documents codifier

domain services

Acquisition

Completed

Private

Single Bidder

Forms and Bulk Printing Services

United States

Majority

Friendly

Synopsis

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Insight Partners-backed CivicPlus, a provider of civic experience technology, completed the acquisition of Municipal Code, the largest codifier of legal documents for local governments in the United States. Financial terms were not disclosed. "We are thrilled to become part of CivicPlus. Municode has been an established leader in the codification and local government technology space for decades. By unifying our brand with CivicPlus, we will take advantage of the industry expertise, financial strength, and portfolio vision of one of the most rapidly growing and highly respected companies in our space. Perhaps most importantly, we see a valuable alignment in our company cultures and share a commitment to our tremendously talented employees. As a combined organization, we will be in a strong position to continue developing technology solutions that redefine positive local government-citizen experiences," Eric Grant, Municode President and CEO.

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