GTY Technology / Bonfire Acquires DemandStar

GTY Technology Holdings Inc., a GI Partners portfolio company, has acquired DemandStar and will merge the business into GTY’s Bonfire eProcurement unit. The deal expands GTY/Bonfire’s public-sector sourcing footprint—together the combined business will serve roughly 1,900 state and local buying agencies and access a network of about 500,000 suppliers—to broaden eProcurement capabilities and supplier outreach for government buyers.