Government & Public Sector Acquisitions in New York

Nava Public Benefit Corporation has acquired Beam, a cloud-based SaaS platform that supports safety-net, emergency aid, and cash assistance programs, and will integrate Beam into Nava's open-source Strata suite. The acquisition broadens Nava's end-to-end benefits delivery capabilities — Beam has disbursed more than $400 million to over 300,000 recipients across 39 states — and brings Beam's team and technology into Nava to accelerate modern, open government benefits delivery.

MTX Group Inc. has acquired Stralto, Inc., a government-focused technology solutions provider with Microsoft-powered platforms, in an all-cash transaction effective immediately. The acquisition expands MTX's Microsoft capabilities and GovTech offerings—adding Stralto's GrantCare, Civicare, SLGx and DMx platforms and deep state and local government relationships.

Tyler Technologies has acquired US eDirect, a provider of cloud-based reservation and transaction management software for outdoor recreation. The acquisition will integrate US eDirect's Recreation Dynamics platform into Tyler's NIC payments and Data & Insights offerings to expand Tyler's outdoor recreation and government payments capabilities.

Serent Capital made a minority growth investment in First Due, a cloud-based records and operations management software provider for fire and EMS agencies, to support the company's product, sales and leadership scaling. The capital will enable First Due to continue expanding its all-in-one platform used by hundreds of public safety agencies across the United States.

Kofile, a Dallas-based provider of digital transformation services for local governments and a portfolio company of Audax Private Equity, has acquired SeamlessDocs, a New York City–based digital forms and workflow automation provider for government agencies. The add-on expands Kofile's cloud-enabled suite of applications to accelerate digitization of government services, including e-filing, e-signature and online payments.