M&A Deal Summary

Granicus Acquires GovDelivery

On September 26, 2016, Granicus acquired internet software and services company GovDelivery from Actua for 153M USD

Acquisition Highlights
  • This is Granicus’ 2nd transaction in the Internet Software and Services sector.
  • This is Granicus’ largest (disclosed) transaction.
  • This is Granicus’ 4th transaction in the United States.
  • This is Granicus’ 1st transaction in Minnesota.

M&A Deal Summary

Date 2016-09-26
Target GovDelivery
Sector Internet Software and Services
Buyer(s) Granicus
Sellers(s) Actua
Deal Type Divestiture
Deal Value 153M USD
Advisor(s) Stephens Investment Banking (Financial)

Target

GovDelivery

Saint Paul, Minnesota, United States
website
GovDelivery, Inc. is a cloud based platform provides digital communication solution for government. GovDelivery empowers government to create better lives for more people. More than 1,800 organizations worldwide use the GovDelivery platform and network to inform and engage over 120 million people. GovDelivery is the only digital marketing platform built exclusively for public sector organizations in order to promote usage of services, enhance public awareness, and increase the contributions and involvement of citizens in communities.

Search 193,605 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Granicus

Denver, Colorado, United States

website


Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Granicus is a provider of cloud-based government transparency, legislative management and digital marketing solutions for government agencies across North America and the United Kingdom. The Company’s software solutions empower government organizations to create better lives for their constituents by enabling better decision making, communications and engagement while driving significant organizational efficiency via the automation of daily legislative workflows. Granicus was founded in 1999 and is based in Denver, Colorado.


DEAL STATS #
Overall 4 of 13
Sector (Internet Software and Services) 2 of 4
Type (Divestiture) 1 of 2
State (Minnesota) 1 of 1
Country (United States) 4 of 9
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-16 Pixelpushers

San Diego, California, United States

Civica Software is a premier eGovernment website content management system (CMS) provider throughout the United States for local governments, special districts and non-profit groups.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-15 Vision Technology Solutions

Santa Monica, California, United States

Vision Technology Solutions LLC is a provider of online technology solutions primarily for government and municipal clients with more than 800 government, non-profit and education clients in U.S. and Canadian communities with populations that range from less than 1,000 residents to more than 1 million. For more than 20 years, Vision has created cost-effective solutions that increase government efficiency, build transparency and promote interactive communications with citizens.

Buy -

Seller(S) 1

SELLER

Actua

Radnor, Pennsylvania, United States

website


Category Company
Founded 1996
Sector Internet Software and Services
DESCRIPTION

Actua is a multi-vertical cloud company that brings the power of the cloud to vertical markets and processes. Actua is pioneering the second wave of the SaaS revolution – the vertical wave – by growing cloud businesses that are transforming their markets. With approximately 700 employees delivering unrivaled domain knowledge, agility, and responsiveness to customers, Actua’s rapidly growing vertical cloud businesses are positioned to lead this wave. Actua was originally established in 1996 and is based in Radnor, Pennsylvania.


DEAL STATS #
Overall 1 of 4
Sector (Internet Software and Services) 1 of 2
Type (Divestiture) 1 of 4
State (Minnesota) 1 of 1
Country (United States) 1 of 4
Year (2016) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-15 FolioDynamix

New York, New York, United States

FolioDynamix, Inc. is a provider of an end-to-end technology solution paired with a suite of advisory tools including model portfolios, research, and overlay management services. FolioDynamix is based in New York, New York.

Buy $199M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-25 FolioDynamix

New York, New York, United States

FolioDynamix, Inc. is a provider of an end-to-end technology solution paired with a suite of advisory tools including model portfolios, research, and overlay management services. FolioDynamix is based in New York, New York.

Sell $195M