Home / Transactions / Granicus | Harvest Partners

Granicus has agreed to receive a joint investment from Harvest Partners and Vista Equity Partners

Granicus Profile

  • Granicus is the leading provider of cloud-based citizen engagement technologies and services
  • The Granicus platform provides integrated web and mobile applications, digital communications, online digital service delivery and virtual civic participation solutions
  • Granicus supports over 4,500 government agencies, 50,000 government users and 250 million citizens with their industry-leading platform
  • Granicus has helped government leaders deliver over 5 billion COVID-related digital messages to constituents, conducted over 2,500 virtual community council meetings and enabled hundreds of thousands of digital service transactions to ensure people could remain informed, connected and safe during the pandemic while maintaining access to vital services
  • Granicus was founded in 1999 and is headquartered in Denver

Vista Equity Partners Profile

  • Vista Equity Partners, a U.S.-based private equity firm, has more than $58 billion in cumulative capital commitments and invests in software, data and technology-enabled 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
  • The firm was founded in 2000 and is headquartered in Austin with offices in San Francisco and New York

Harvest Partners Profile

  • Harvest Partners is an established private equity firm with nearly a 40-year history of investing in middle-market companies
  • Across multiple strategies and more than $10 billion in aggregate commitments, Harvest Partners has completed over 60 investment transactions
  • The firm was founded in 1981 and is headquartered in New York with offices in California and Florida

K1 Investment Management Profile

  • K1 is an investment firm focused on high-growth enterprise software companies across North America
  • K1 seeks to help dynamic businesses achieve successful outcomes by identifying and executing organic and acquisition-based growth opportunities that position its companies as industry leaders; K1 typically invests alongside strong management teams that continue to guide their organizations on a day-to-day basis and at levels of ownership to meet the needs of entrepreneurs and managers
  • K1 was founded in 2011 and is headquartered in El Segundo, CA
“
2020 has been an unprecedented year. But in the face of adversity, we’ve been inspired by the resilience and innovation exhibited by government leaders as they rapidly respond to the challenges brought on by the pandemic. We are proud to play our part in helping our government customers accelerate digital connections with constituents. We are thrilled to continue our work with Vista while adding Harvest to the team as we work side-by-side with governments on their digital transformation journeys.

Mark Hynes

CEO, Granicus

“
As an established private equity firm with nearly 40 years of investing experience, Harvest looks to partner with market-leading organizations and leadership teams. Granicus’ solutions and expertise have proven to be invaluable to public sector customers who are increasingly leveraging digital tools to serve their constituents.

David Schwartz

Partner, Harvest Partners

“
Granicus has proven itself to be an essential partner to government workers and organizations—from the largest federal and state agencies to smaller local agencies and special districts. During this unprecedented time, Granicus has demonstrated that the advanced capabilities and interoperability of the technology provided by its Civic Engagement Platform has never been more important and is here to stay. We are proud of the Granicus team and excited to partner with Harvest as we help build a more connected government.

Patrick Severson

Managing Director, Vista Equity Partners

  • Granicus’ joint investment from Harvest Partners and Vista Equity Partners was announced on December 17, 2020; financial terms were not disclosed
  • Shea & Company served as the financial advisor to Granicus
Read The Press Release