Cox Enterprises-backed OpenGov to acquire Cartegraph from Pamlico Capital.

Cox Enterprises-backed OpenGov, a developer of a modern cloud software, agreed to acquire Cartegraph, a developer of software as a service based asset management applications, from Pamlico Capital, a private equity firm. Financial terms were not disclosed. "With this acquisition, we are bringing together two incredible, mission-driven teams to meet the needs of the public sector, now and for the future. There has never been a better time to modernize our nation's governments, and we have been investing to grow the OpenGov Cloud to ensure that every government leader has the best solutions to serve the critical needs of their (and our) communities. We are thrilled to welcome Cartegraph and its team of outstanding employees and innovative local government customers to the OpenGov family," Zac Bookman, OpenGov Co-Founder and CEO.