M&A Deal Summary

GovSpend Acquires Fedmine

On August 11, 2021, GovSpend acquired internet software and services company Fedmine

Acquisition Highlights
  • This is GovSpend’s 1st transaction in the Internet Software and Services sector.
  • This is GovSpend’s 1st transaction in the United States.
  • This is GovSpend’s 1st transaction in Maryland.

M&A Deal Summary
Date 2021-08-11
Target Fedmine
Sector Internet Software and Services
Buyer(s) GovSpend
Deal Type Add-on Acquisition

Target

Fedmine

Rockville, Maryland, United States
Fedmine is a provider of advanced online database applications containing integrated datasets uniquely curated to serve both industry and government organizations seeking decision-quality information on federal contracts and business opportunities. Fedmine was founded in 2004 and is based in Rockville, Maryland.

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Buyer(S) 1

Buyer

GovSpend

Deerfield Beach, Florida, United States
Category Company
Founded 2011
Sector Information Services
DESCRIPTION

GovSpend is a provider of government intelligence solutions to thousands of government vendors and agencies. GovSpend’s web-based platform provides its clients with easy access to unparalleled depth and breadth of purchase order data, bids and RFPs, contracts, and contacts – nearly one billion records in all – from approximately 30,000 local, state, and federal government agencies. GovSpend was founded in 2011 and is based in Deerfield Beach, Florida.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

Product

Company

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