“GovExec, the leading information services company for government leaders and contractors, today announced the acquisition of two contracting intelligence properties: Military Periscope (Periscope), the globally respected and most-up-to-date, open-source military data source, and Government Contracting Institute (GCI), the business opportunity tool built to target and alert federal government contractors of federal business opportunities aligned to their business expertise. The announcement was made today by Tim Hartman, CEO, GovExec. The terms of the acquisitions are not being disclosed. Peter Goldstone, chairman of GovExec, served as advisor. The deal was completed with financial support from mid-market private-equity firm Growth Catalyst Partners (GCP).”
“The acquisitions of both Periscope and GCI are a continuation of GovExec’s transformation into the leading data and insights services company for the public sector. Periscope and GCI are the newest intelligence tools fueling the company’s strategy, specifically for the federal and defense sectors. These new tools fit seamlessly within the existing GovExec portfolio, which supports government and defense contractors at every phase of the buying process, from opportunity research and identification to winning and fulfilling contracts…” Read the full press release here.
Source: GovExec Acquires Two Business Intelligence Tools, Military Periscope and Government Contracting Institute, to Help Defense & Federal Government Contractors Identify, Track, and Pursue Business Opportunities – June 21, 2021. GovExec.