Government & Public Sector Acquisitions in Florida

Incline Equity Partners has made a majority investment in MCCi in partnership with CEO Donny Barstow and the MCCi management team, while Century Park Capital Partners transitions its ownership position. The transaction is a recapitalization intended to support MCCi’s continued growth in GovTech and its suite of enterprise content management and workflow automation solutions for state and local governments; financial terms were not disclosed.

Bart & Associates (B&A), a portfolio company of private equity firm DFW Capital Partners, has acquired Celestar Holdings Corporation, a Tampa-based multi-INT intelligence services and solutions provider. The add-on strengthens B&A's intelligence capabilities—adding HUMINT, SIGINT, IMINT, MASINT and OSINT—and positions the combined company to pursue larger opportunities across the defense and intelligence enterprise (NGA, DIA, Combatant Commands).

DC Capital Partners has made a control investment in C5MI Insight, a Jacksonville-based digital modernization and supply chain transformation provider, with C5MI founders reinvesting equity. The partnership will fund C5MI's continued investment in supply chain and logistics services and technologies to expand its work across U.S. Government (federal and state) and commercial clients.

Bureau Veritas has acquired a majority stake in C.A.P. Government, Inc. (CAP), a South Florida-based provider of building department services with more than 250 professionals and approximately €25 million in 2021 revenue. The acquisition strengthens Bureau Veritas' Asset Lifecycle capabilities in the Buildings & Infrastructure market and will see CAP continue to operate from its Coral Gables headquarters under CEO Carlos A. Penin.

CivicPlus has acquired Municipal Code Corporation (Municode), a leading codifier of legal documents and provider of agenda/meeting management and municipal website solutions for local governments. The acquisition expands CivicPlus's civic technology portfolio and aligns Municode's products with CivicPlus's Civic Experience Platform to better serve a combined customer base of over 7,000 local government clients.

Vitu, a vehicle titling and registration technology platform, has acquired Florida-based Jupiter Tag & Title Services, Inc. Jupiter will operate under the Vitu name and Vitu plans to combine its automation and EFS expertise with Jupiter’s fifty-state titling experience to expand services for automotive dealers in Florida and nationwide. The deal supports Vitu’s plans to deepen relationships with the Florida Department of Highway Safety and Motor Vehicles and broaden its regional capacity.

MGT Consulting Group, a Tampa-based public sector management consulting and technology services firm, secured a minority growth investment from Trivest Partners to support innovation, acquisitions, and expansion of its technology infrastructure. The capital infusion will help MGT scale its SLED-focused services and pursue M&A while preserving its employee-owned culture.