Granicus Acquires GovTech Innovator Rock Solid
Granicus Profile
- Granicus is the leading provider of cloud-based citizen engagement technologies and services
- With comprehensive cloud-based solutions for communications, government website design, meeting and agenda management software, records management and digital services, Granicus empowers stronger relationships between government and constituents across the U.S., U.K., Australia, New Zealand and Canada
- Granicus supports over 30 billion digital interactions globally each year and connects over 500,000 government professionals with 300 million opt-in subscribers through their industry-leading platform
- Granicus was founded in 1999 and is headquartered in Denver
Vista Equity Partners Profile
- Vista Equity Partners is a U.S. based private equity firm with more than $94 billion in assets under management and exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies
- Vista’s investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth
- Vista Equity Partners was founded in 2000 and is headquartered in Austin, TX, with offices in San Francisco, Oakland, Chicago and New York
Harvest Partners Profile
- Harvest Partners is an established private equity firm with over a 40-year history of investing in middle-market companies
- Through several funds, and over $15 billion of regulatory AUM, Harvest’s core investment strategy has completed over 55 platform transactions
- The firm was founded in 1981 and is headquartered in New York with offices in California and Florida
Rock Solid Profile
- Rock Solid is an innovative provider of citizen engagement software provider that helps local governments and citizens work as one
- As a trusted government partner for 25+ years, Rock Solid uses technology to create products that streamline internal local government processes and help municipalities better engage their citizens
- From legislative management to public records requests and citizen relationship management, Rock Solid’s OnePlatform helps local governments operate more efficiently and improve civic engagement
- Rock Solid has made significant advances to the 311 Service Request Management and public meetings management processes, creating a broad suite of technology and service combinations designed to support the needs and sophistication levels of any government
- Founded in 1994, Rock Solid has offices in San Juan, Puerto Rico and Dallas, TX
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We are bringing together the industry’s strongest set of technologies, services and data analytics to create a more powerful platform that helps our government customers dramatically enhance citizen experience, transparency and engagement, while delivering important operational efficiencies – all from one trusted partner. This acquisition marks a significant step in our mission to help governments of all sizes connect with citizens, in a secure, equitable and digital way.
Mark Hynes
CEO, Granicus
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Rock Solid is excited to join Granicus as we believe bringing a more comprehensive customer experience to government will help maximize outcomes for the constituents they serve. We can do this better together. Through our combined technology, data and shared vision, we can deliver next-generation citizen experiences that are unparalleled in the market.
Tom Spengler
CEO, Rock Solid
Transaction Notes
- Granicus’s acquisition of Rock Solid was announced on October 12, 2022; financial terms were not disclosed
- Shea & Company served as the exclusive financial advisor to Granicus, Vista Equity Partners and Harvest Partners