M&A Deal Summary

Gemspring Capital Acquires OPEXUS

On November 8, 2021, private equity firm Gemspring Capital acquired software company OPEXUS

Acquisition Highlights
  • This is Gemspring Capital’s 3rd transaction in the Software sector.
  • This is Gemspring Capital’s 17th transaction in the United States.
  • This is Gemspring Capital’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2021-11-08
Target OPEXUS
Sector Software
Buyer(s) Gemspring Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

OPEXUS

Washington, District of Columbia, United States
OPEXUS is a provider of case management software and IT services, primarily for government customers. OPEXUS was founded in 1988 and is based in Washington, District of Columbia.

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Buyer(S) 1

Buyer

Gemspring Capital

Category Private Equity Firm
Founded 2015
PE ASSETS 1.1B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Gemspring Capital is a private equity firm focused on making control equity investments and structured equity investments in lower middle-market companies headquartered in the United States and Canada. For platform investments, Gemspring targets companies with $5 to $500 million with strong competitive positions within sustainable market niches. Sectors of interest include business services, distribution/logistics, industrial services, media, technology, software, and niche manufacturing. Gemspring Capital is based in Westport, Connecticut.

DEAL STATS #
Overall 17 of 32
Sector (Software) 3 of 4
Type (Buyout (LBO, MBO, MBI)) 4 of 12
State (District of Columbia) 1 of 1
Country (United States) 17 of 32
Year (2021) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-07 Zavation

Flowood, Mississippi, United States

Zavation is a designer and manufacturer of high-quality spinal implants, instruments, and biologics. Zavation designs, engineers, and manufactures a portfolio of spinal hardware covering key areas including thoracolumbar, cervical, interbody fusion, and minimally invasive surgery. Zavation was founded in 2012 and is based in Flowood, Mississippi.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-16 Mantis Innovation

Houston, Texas, United States

Mantis Innovation offers a full suite of services, including energy procurement and demand management; solar, roofing, building envelope, and pavement, design, assessment, and maintenance; and LED lighting, HVAC/mechanical, and building automation systems implementation. Mantis Innovation is based in Houston, Texas.

Buy -
Mergr

Product

Company

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