M&A Deal Summary

Euna Solutions Acquires CityBase

On September 14, 2018, Euna Solutions acquired internet software and services company CityBase

Acquisition Highlights
  • This is Euna Solutions’ 2nd transaction in the Internet Software and Services sector.
  • This is Euna Solutions’ 4th transaction in the United States.
  • This is Euna Solutions’ 1st transaction in Illinois.

M&A Deal Summary

Date 2018-09-14
Target CityBase
Sector Internet Software and Services
Buyer(s) Euna Solutions
Deal Type Add-on Acquisition

Target

CityBase

Chicago, Illinois, United States
CityBase, Inc. is a developer of the cloud-based platform which connect back-office systems to give government agencies and utilities a better way to accept payments and deliver services.

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Buyer(S) 1

Buyer

Euna Solutions

Chicago, Illinois, United States

Category Company
Founded 2016
Sector Information Technology
Employees348
Revenue 48M USD (2020)
DESCRIPTION

Euna Solutions is an intuitive cloud-based suite of solutions for state and local governments spanning functions in procurement, payments, grant management, budgeting, and permitting. GTY combines six leading GovTech firms under a single umbrella CityBase, eCivis, Questica, Sherpa, OpenCounter, and Bonfire. These companies will operate as independent business units under GTY. Euna Solutions was founded in 2016 and is based in Chicago, Illinois.


DEAL STATS #
Overall 5 of 10
Sector: Internet Software and Services M&A 2 of 5
Type: Add-on Acquisition M&A Deals 5 of 10
State: Illinois M&A 1 of 1
Country: United States M&A 4 of 8
Year: 2018 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-14 Sherpa Government Solutions

Denver, Colorado, United States

Sherpa Government Solutions which provides public-sector budgeting software and consulting services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-19 Bonfire Interactive

Kitchener, Ontario, Canada

Bonfire Interactive Ltd. is a developer of strategic sourcing and procurement software to support the entire vendor lifecycle (sourcing, contract management, and vendor performance). Bonfire Interactive is based in Kitchener, Ontario.

Buy -