gWorks
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
gWorks is a GovTech (Government Technology) company that specializes in providing innovative software solutions and services tailored to the needs of governmental and municipal organizations. Their product and services include: Geographic Information Systems (GIS): gWorks offers GIS software designed to assist governmental entities in managing and analyzing spatial data, supporting decision-making processes, and optimizing resource allocation. Asset Management: Their asset management software enables government agencies to effectively track and maintain public assets, such as infrastructure and facilities, leading to improved asset utilization and cost savings. Work Order Management: gWorks' work order management solutions help streamline and automate the creation, assignment, and tracking of work orders, improving overall productivity and task management within government organizations. Customer Relationship Management (CRM): They provide CRM software tailored to the public sector, allowing government agencies to better manage and enhance relationships with citizens and constituents, ultimately increasing satisfaction and engagement. Utility Billing: gWorks simplifies utility billing processes for municipalities and public utilities through specialized software, ensuring accurate and efficient billing cycles for services like water, electricity, and waste management. Permitting and Licensing: Their permitting and licensing software simplifies and digitizes the application and approval processes for permits and licenses, reducing administrative burdens and improving efficiency. Code Enforcement: gWorks assists local governments in managing code enforcement activities through dedicated software, ensuring compliance with local regulations and codes. Reporting and Analytics: They offer reporting and analytics tools tailored to the public sector, helping government agencies gain insights from their data, enhance transparency, and make data-driven decisions. Cloud Hosting and Support: gWorks provides cloud hosting services and ongoing technical support to ensure the smooth operation and security of their software solutions, allowing government organizations to focus on their core responsibilities.
Keywords
Keywords
Classified
Private