TechnoMile Acquires SIMS Software, Backed by Capitol Meridian Partners

January 6, 2026

TechnoMile has acquired SIMS Software to add facility security, clearance tracking, and post-award compliance capabilities to its AI-enabled contract management platform. The deal is backed by Capitol Meridian Partners, which will take a majority stake in the combined company in a PE-backed add-on transaction; K1 Investment Management exits its stake in TechnoMile.

Buyers
TechnoMile, Capitol Meridian Partners
Targets
SIMS Software
Sellers
K1 Investment Management
Platforms
TechnoMile
Industry
Software
Location
California, United States
Transaction Type
Addon

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