Prime Government Solutions, LLC

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Prime Government Solutions, LLC - overview

Established

2014

Location

Scottsdale, AZ, US

Primary Industry

Software

About

Prime Government Solutions, LLC specializes in providing technology solutions that enhance government operations and citizen engagement through innovative platforms and services. Founded in 2014, Prime Government Solutions, LLC is based in Scottsdale, US. The company focuses on delivering operational efficiency and enhanced public interaction for government entities. In March 2021, it was acquired by Rock Solid Technologies, Inc.


, where PrimeGov’s Executive Chairman, Tom Spengler, became the CEO of the merged entity. This merger aims to create a comprehensive engagement platform for clients, leveraging combined capabilities to improve service delivery. Prime Government Solutions offers an extensive suite of technology products and services designed for local, state, and federal government agencies. The Government Experience Cloud (GXC) includes features such as automated language and accessibility tools, digital services for permitting and licensing, public records management, and mobile and desktop engagement hubs.


Their solutions serve a diverse client base across Canada, the United Kingdom, Australia, and India, facilitating modernized operations and improved citizen services. The company generates revenue through subscription-based models and service contracts with government agencies and educational institutions. Clients select from various products within the Government Experience Cloud, such as the Service Cloud for operational efficiencies and the Engagement Cloud for facilitating public interactions. Revenue is earned as clients establish contracts for access to these platforms, with pricing based on service scope and product selection, ensuring tailored solutions to meet specific client needs.


Following its acquisition in March 2021, Prime Government Solutions plans to harness the combined capabilities of the merged entity to introduce innovative products that enhance client engagement. The firm aims to expand its market reach, targeting additional government sectors and educational institutions. This strategic focus is expected to leverage the recent merger to develop new engagement solutions, thereby utilizing the resources secured through the transaction to support these initiatives.


Current Investors

Rock Solid Technologies, Inc.

Primary Industry

Software

Sub Industries

Systems Management Software

Website

www.primegov.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Prime Government Solutions, 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-onCompletedPrime Government Solutions, LLC-

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