Tuesday, November 26, 2024

Press Release: Citizen engagement technology and services provider Granicus Announces Joint Investment from Harvest Partners and Vista Equity Partners

“Granicus, the leading provider of cloud-based citizen engagement technologies and services, today announced that Harvest Partners (“Harvest”) has joined as an investor alongside Vista Equity Partners (“Vista”) and K1 Investment Management (“K1”) to support Granicus’ continued growth and market leadership. As a technology innovator and trusted partner to governments, Granicus will continue to support government institutions as they transition to the cloud and adopt broader digital transformation initiatives to modernize their operations and connectivity to their constituents.”

“’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,’ said Mark Hynes, CEO of Granicus. ‘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.’”

“During the human, health and economic crises brought on by the COVID-19 pandemic, government agencies have increasingly turned to Granicus solutions to help them rapidly communicate and respond to the urgent needs of their communities. Supporting over 4,500 government agencies, 50,000 government users, and 250 million citizens, Granicus’ industry-leading platform of integrated web and mobile applications, digital communications, online digital service delivery, and virtual civic participation solutions has enabled governments to rapidly transition to be ‘always on’ as residents and citizens needed it most.”

“’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,’ said David Schwartz, Partner of Harvest Partners. ‘We look forward to working with Mark and the Granicus team as they continue to enable government agencies to provide critical services more efficiently and effectively,’ said Joshua Carter, Principal of Harvest Partners.”

“During one of the most challenging periods in modern history, 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 that people could remain informed, connected, and safe during the pandemic while maintaining access to vital services.”

“’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,’ said Patrick Severson, Managing Director of Vista Equity Partners. ‘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.’”

“William Blair & Company acted as exclusive financial advisor and Kirkland & Ellis acted as legal advisor to Granicus.” Read the full press release here.

Source: Granicus Announces Joint Investment From Harvest Partners and Vista Equity Partners – December 17, 2020. Business Wire.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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