GovDelivery Has Been Acquired by Vista Equity Partners

GovDelivery Profile

  • GovDelivery is the leading cloud-based digital communications platform for government agencies, which rely on the company's solutions to promote usage of services, enhance public awareness and increase the contributions and involvement of citizens in communities
  • GovDelivery’s platform is used by over 1,800 customers to reach over 120 million citizens, and is used by more public sector organizations for digital communications than all other solutions combined
  • GovDelivery was founded in 2000 and is headquartered in St. Paul, MN
  • Since 2009, GovDelivery was a portfolio company of Actua Corporation, a publicly-traded venture capital firm that focuses on transforming vertical and highly specialized markets with cloud-based solutions

Vista Equity Partners Profile

  • Vista Equity Partners, a U.S.-based private equity firm with offices in Austin, Chicago and San Francisco, has more than $26 billion in cumulative capital commitments and invests in software, data and technology-based organizations led by world-class management teams with long-term perspective
  • Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential; this investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven management techniques that yield flexibility and opportunity in private equity investing

Transaction Notes

  • The pending acquisition of GovDelivery by Vista Equity Partners for $153 million was announced on September 26, 2016
  • Vista is a world class partner for our next phase of growth.  This $153 million investment validates our strategy and is the largest single investment in a cloud-based government technology company to date.” – Scott Burns (CEO, GovDelivery)
  • What sets GovDelivery apart is its success helping governments reach more people through its platform.  We see effective communications as an increasingly strategic function and were impressed by the extraordinary value and unrivaled security that GovDelivery brings to its clients in this fast growing area.” – Patrick Severson (Principal, Vista Equity Partners)
  • Shea & Company served as the exclusive financial advisor to Vista Equity Partners
$153,000,000
has been acquired by
Shea & Company served as the exclusive financial advisor to Vista Equity Partners