The company has bought Softline Data, a Minnesota seller of technology for utilities, public works and small local governments, and PubWorks, a Colorado firm active with public works software and other areas, according to a gWorks statement.
Terms were not disclosed.
gWorks said the Softline deal took place in October, followed by the PubWorks acquisition in December. Softline was founded in 2008; PubWorks in 1997. gWorks is backed by BV Investment Partners, a Boston-based private equity firm active in the gov tech space and related industries.
Softline’s tech offerings include public alert and meter reading software, while PubWorks also sells operations and fleet maintenance services to small- and medium-sized local governments, including those in Canada, according to the statement.
The two acquired companies now come under the gWorks brand, and the combined operation will serve some 2,500 local agencies across 48 states. Services offered by gWorks in the wake of this acquisition include fund accounting, payroll, permitting, licensing, billing, work and operations management, GIS, websites, citizen engagement and online payments.
The company says it also sells to local governments services that can help with operations, data collection and budgets.
“This announcement represents an essential step in our commitment to broaden our geographical reach and provide the most reliable and easy-to-use software solutions to help thousands of small and medium-sized local governments,” said Joseph Heieck, CEO of gWorks, in the statement. “The addition of Softline Data and PubWorks strengthens our market position as a leader in software solutions for small local governments, accelerates our robust growth and delivers value to our team members, clients and clients’ customers — the public citizens.”
