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

Boca Raton, 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 Boca Raton, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1