Government technology firms Superion, TriTech Software Systems and Aptean will merge into a single entity solely focused on state and local government. Private equity firms Vista Equity Partners and Bain Capital will co-own the combined business.
The combination of Superion, TriTech, and the public sector and healthcare business of Aptean will create a market leader for state and local government services. The combined entity will offer devices that detect active shooters with emergency response systems, forecasting and preventing crimes through smarter patrolling, and advanced analytics that help measure and improve public safety. Its public administration business will focus on service delivery solutions including interactive voice-enabled bill payment, improved tracking and response time for permitting, and will use AI and data science for government reporting.
Separately, the three companies don’t overlap much in terms of services offered, but together the new entities effectively become a comprehensive government services company. The combined company will go head to head with others in the space including Accela, IBM, LexisNexis, Motorola, and Tyler Tech, among others.
The new company will be led by Superion’s CEO Simon Angove. TriTech President and CEO Tony Eales will join the board of the new company.
Vista Equity Partners and Bain Capital will be co-owners of the combined business. Bain Capital acquired TriTech this year, and Superion and Aptean are both portfolio companies of Vista Equity Partners. The merger deal is one of the biggest ever announced in GovTech.
This is not the first GovTech deal for Vista Equity Partners, which was involved in the Granicus-GovDelivery in 2016.
The deal is expected to close in the third quarter of this year.