Government & Public Sector Growth Capital Investments in 2023
Acquisition Volume in Government & Public Sector Growth Capital Investments in 2023 by Year
Last 5 years
-
December 26, 2023
- Buyer
- CM Equity Partners
- Target
- Dexis Consulting Group
- Industry
- Government & Public Sector
- Location
- Virginia, United States
- Type
- Growth capital
Dexis Consulting Group, a ~500-person Washington, D.C.-area professional services firm supporting U.S. foreign assistance programs, has partnered with CM Equity Partners for a growth capital investment to scale its federal civilian business. Dexis' management team and board remain in place; the capital will support expansion of social impact work across additional federal agencies including disaster recovery, public health, climate, and AI-enabled citizen services.
-
September 6, 2023
- Buyer
- Francisco Partners, Berkshire Partners
- Target
- Accela
- Industry
- Government & Public Sector
- Location
- California, United States
- Type
- Growth capital
Accela, a provider of cloud-based government software, received a strategic growth investment from Francisco Partners while Berkshire Partners remains a significant, equal equity investor. The undisclosed capital will be used to accelerate Accela's product and market growth as the company expands its civic cloud platform for state and local governments.
-
- Buyer
- IMB Partners
- Target
- eTelligent Group
- Industry
- Government & Public Sector
- Location
- New Jersey, United States
- Type
- Growth capital
IMB Partners, a middle-market private equity firm, has made a strategic investment in eTelligent Group, a provider of digital transformation, DevSecOps, PMO and cybersecurity services to the U.S. federal government. The partnership will provide eTelligent Group with capital and operational support to scale organizational capabilities, pursue larger contracts, diversify its customer base beyond the IRS, and explore acquisitions.
-
- Buyer
- Bluestone Investment Partners
- Target
- Precise Systems, Inc.
- Industry
- Government & Public Sector
- Location
- Maryland, United States
- Type
- Growth capital
Bluestone Investment Partners, a McLean, Virginia-based private equity firm, has made a strategic growth investment in Precise Systems, Inc., a Lexington Park, Maryland-based provider of engineering, program management and software development services to the U.S. Department of Defense. The transaction supports management continuity (Scott Pfister named CEO) and is intended to accelerate growth and enable strategic M&A to expand Precise Systems' capabilities and reach across DoD customers.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.