Announced
Financials
Sources
Tags
Private
Domestic
United States
government services contracting
National Agency
Acquisition
Majority
Single Bidder
Pending
Friendly
Synopsis
PayIt, a provider of digital government services that simplifies business through its mobile transaction and payment platform, agreed to acquire Sovereign Sportsman Solutions, a government services contracting firm, from PSG, a growth equity firm. Financial terms were not disclosed. “We are absolutely thrilled to welcome S3’s customers, software, and passionate team, and to accelerate our vision to transform digital service delivery. Leading agencies are hungry for innovative partners like PayIt and S3. This strategic acquisition affirms the new standard for GovTech: solutions that dramatically improve mission achievement and modernize the experience for residents,” John Thomson, PayIt Founder and CEO.
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