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New Deal


Announced

gWorks to acquire BMSI.

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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financial management software

fintech

FinTech

United States

Acquisition

Domestic

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

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gWorks, a GovTech company, agreed to acquire BMSI, a financial management software provider. Financial terms were not disclosed. "We are delighted to join with gWorks in working towards our mutual goal, that of providing the best technology and client support service possible to help small governments manage their communities. The resources and technology that gWorks provides will allow us to move more swiftly to our objective," Bruce Perlo, BMSI CEO.

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