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Completed
Synopsis
Gravity, a company specializing in public sector financial automation, completed the acquisition of Cityspan, a provider of cloud-based grants management and performance measurement systems. Financial terms were not disclosed. "This acquisition represents a major step forward in our mission to provide governments with a comprehensive, connected financial management platform. Cityspan brings proven grants management technology that serves some of the nation's largest public agencies. By integrating their capabilities into our platform, we're enabling governments to manage the entire financial lifecycle – from grants and budgets to disclosures and community engagement – all in one place. We're excited to welcome the Cityspan team to Gravity and to continue investing in their success," Tyler Davey, Gravity CEO.
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