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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