GovernmentCIO LLC

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GovernmentCIO LLC - overview

Established

2010

Location

Washington, DC, US

Primary Industry

IT Infrastructure

About

GovernmentCIO LLC offers specialized IT solutions for government agencies, aiming to enhance operational efficiency and user experience through robust cyber security, digital transformation, and IT modernization services. Founded in 2010 and headquartered in Washington, US, GovernmentCIO LLC focuses on providing comprehensive IT solutions tailored specifically for government agencies. The company executed its most recent deal on October 16, 2020, when Welsh, Carson, Anderson & Stowe acquired a majority stake in the firm. Jim Brabston serves as the CEO, leading the company towards its strategic objectives.


GovCIO specializes in providing comprehensive IT solutions tailored to government agencies, focusing on enhancing operational efficiency and user experience. The company's core offerings encompass cyber security services, digital transformation, data management, and IT modernization. Their cyber security services protect sensitive data across various sectors, including national security, health, and civilian markets. GovCIO also facilitates seamless end-to-end user experiences, making information more accessible and actionable for employees and citizens alike.


Their data services prioritize user needs while removing organizational silos, serving a diverse client base that includes federal agencies seeking to leverage technology for improved service delivery. GovCIO generates revenue primarily through contracts with federal government agencies, providing services on a project or ongoing basis. The transaction structure typically involves multi-year contracts that may include subscriptions for ongoing support and partnerships for specific projects. Their services, such as cyber security and IT modernization, are often bundled into comprehensive packages tailored to each client.


The revenue model is predominantly B2B, focusing on direct relationships with government entities, aligning pricing strategies with client agency budgets and operational needs. GovCIO is planning to expand its product offerings with new services currently being designed for launch in the upcoming year. The company is targeting expansion into additional markets within the federal government sector and aims to establish a stronger presence in regional offices across the United States by the end of 2022. The acquisition by Welsh, Carson, Anderson & Stowe will support these initiatives, providing the necessary resources for new product development and market penetration.


Current Investors

Welsh, Carson, Anderson & Stowe

Primary Industry

IT Infrastructure

Sub Industries

IT Infrastructure, IT Security/Cybersecurity

Website

www.governmentcio.com

Verticals

Artificial Intelligence

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

GovernmentCIO LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Corporate Carve Out, Trade SaleCompletedSoldierPoint Digital Health, LLC-
Add-on, Trade SaleCompletedSalient CRGT, Inc.-
BuyoutCompletedGovernmentCIO LLC -

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GovernmentCIO LLC - employee data

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