M&A Deal Summary

OpenGov Acquires iGov Services

On May 1, 2024, OpenGov acquired software company iGov Services

Acquisition Highlights
  • This is OpenGov’s 1st transaction in the Software sector.
  • This is OpenGov’s 5th transaction in the United States.
  • This is OpenGov’s 1st transaction in Kentucky.

M&A Deal Summary
Date 2024-05-01
Target iGov Services
Sector Software
Buyer(s) OpenGov
Deal Type Add-on Acquisition

Target

iGov Services

Covington, Kentucky, United States
iGov Services is an all-in-one revenue and tax collection solution for cities, counties, and special districts and government agencies. With the software, users can accurately and efficiently track all aspects of Property Taxes from real estate to vehicle and more, as well as various types of Treasury Taxes (Business License, Transient Lodging Tax, Occupational Tax, Payroll Tax, and more). iGov Services was founded in 2000 and is based in Covington, Kentucky.

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Buyer(S) 1

Buyer

OpenGov

San Francisco, California, United States
Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

OpenGov is a provider of cloud-based performance intelligence and financial reporting solutions for government institutions. OpenGov helps governments analyze, share, compare, and allocate public money. OpenGov was founded in 2012 and is based in San Francisco, California.

DEAL STATS #
Overall 5 of 5
Sector (Software) 1 of 1
Type (Add-on Acquisition) 5 of 5
State (Kentucky) 1 of 1
Country (United States) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-27 Cartegraph

Dubuque, Iowa, United States

Cartegraph is a provider of SaaS-based asset management solutions to local governments. The company devotes itself to cities, counties, and government agencies seeking to be more effective, efficient, and productive in their daily operations. It builds software that empowers users to capture infrastructure asset data, analyze it, and use it to prepare for the future. Cartegraph was established in 1994 and is based in Dubuque, Iowa.

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