M&A Deal Summary

OpenGov Acquires ProcureNow

On June 23, 2021, OpenGov acquired internet software and services company ProcureNow

Acquisition Highlights
  • This is OpenGov’s 2nd transaction in the Internet Software and Services sector.
  • This is OpenGov’s 3rd transaction in the United States.

M&A Deal Summary

Date 2021-06-23
Target ProcureNow
Sector Internet Software and Services
Buyer(s) OpenGov
Deal Type Add-on Acquisition

Target

ProcureNow

San Francisco, United States
ProcureNow is a premier multi-tenant SaaS software provider for government procurement and contract management. ProcureNow enables government leaders to serve stakeholders with the most effective solutions designed to streamline critical workflows, enable data-driven decisions, and communicate results transparently. ProcureNow is based in San Francisco, California.

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Buyer(S) 1

Buyer

OpenGov

San Francisco, California, United States

Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

OpenGov is a provider of cloud-based performance intelligence and financial reporting solutions for government institutions. OpenGov helps governments analyze, share, compare, and allocate public money. OpenGov was founded in 2012 and is based in San Francisco, California.


DEAL STATS #
Overall 3 of 6
Sector: Internet Software and Services M&A 2 of 4
Type: Add-on Acquisition M&A Deals 3 of 6
Country: United States M&A 3 of 6
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-05 ViewPoint Cloud

Boston, Massachusetts, United States

ViewPoint Government Solutions is a provider of multi-tenant SaaS software for permitting, licensing, and code enforcement operations. ViewPoint Government Solutions is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-27 Cartegraph

Dubuque, Iowa, United States

Cartegraph is a provider of SaaS-based asset management solutions to local governments. The company devotes itself to cities, counties, and government agencies seeking to be more effective, efficient, and productive in their daily operations. It builds software that empowers users to capture infrastructure asset data, analyze it, and use it to prepare for the future. Cartegraph was established in 1994 and is based in Dubuque, Iowa.

Buy -