Divestiture • Software

Civix Acquires STR - Software & Disaster Recovery Services

On February 13, 2019, Civix acquired software company STR - Software & Disaster Recovery Services

Acquisition Context

This is Civix’s 3rd transaction in the Software sector.
This is Civix’s 4th transaction in the United States.
This is Civix’s 1st transaction in Virginia.

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M&A Deal Summary
Date	February 13, 2019
Target	STR - Software & Disaster Recovery Services
Sector	Software
Buyer(s)	Civix
Deal Type	Divestiture

Target Company

STR - Software & Disaster Recovery Services

Fairfax, Virginia, United States

STR LLC - Software & Disaster Recovery Services includes HUD/CDBG technology and eGrantsPlus. eGrants Plus is STR’s end to end grants management platform for both grantees and grantors, with applications across a wide variety of government departments. eGrants is derived from eGrantsPlus and is a software solution for distribution of HUD Community Development Block Grants (“CDBG”) in response to natural disasters. eGrants was custom built for disaster recovery applications in Louisiana and Mississippi in the wake of Hurricane Katrina, and also used by the state of New Jersey in the aftermath of Hurricane Sandy.

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Buyer Overview 1

Buyer

Civix

Metairie, Louisiana, United States

Category	Company
Founded	1979
Sector	Software

DESCRIPTION

Civix provides professional services and software products to public sector clients. Software suites include business registration/filings, voter registration, campaign finance, nuclear water chemistry management, and airport management. Civix was founded in 1979 and is based in Metairie, Louisiana.

Deal Context for Buyer	#
Overall	4 of 4
Sector: Software	3 of 3
Type: Divestiture	1 of 1
State: Virginia	1 of 1
Country: United States	4 of 4
Year: 2019	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2018-07-19	MB3 Orlando, Florida, United States MB3, Inc. is a provider of recovery and grants management software. MB3 was founded in 2005 and is based in Orlando, Florida.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2018-07-19

MB3

Orlando, Florida, United States

MB3, Inc. is a provider of recovery and grants management software. MB3 was founded in 2005 and is based in Orlando, Florida.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2023-08-30	Civix CI Metairie, Louisiana, United States Civix CI’s solution portfolio provides an integrated software platform known as AirportIQ for airports including Hartsfield-Jackson Atlanta International, the Houston Airport System, JFK, and San Francisco International. AirportIQ empowers staff to manage their revenue, safety, and security programs, airport operations, and key resources. Civix CI is based in Metairie, Louisiana.	Sell	-

DATE

TARGET

DEAL TYPE

VALUE

2023-08-30

Civix CI

Metairie, Louisiana, United States

Civix CI’s solution portfolio provides an integrated software platform known as AirportIQ for airports including Hartsfield-Jackson Atlanta International, the Houston Airport System, JFK, and San Francisco International. AirportIQ empowers staff to manage their revenue, safety, and security programs, airport operations, and key resources. Civix CI is based in Metairie, Louisiana.

Sell

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