Gemspring Capital has completed the sale of OPEXUS to Thoma Bravo's affiliate, merging it with Casepoint to enhance government process management and data compliance solutions.

Information on the Target

OPEXUS, founded in 1998, is a leading provider of government process management software, having been backed by Gemspring Capital Management in 2021. The company is recognized for its FedRAMP-certified solutions, which assist public institutions in digitizing complex governmental processes, approvals, and reporting. OPEXUS focuses on empowering over 200 public sector customers and 100,000 government users by offering a suite of technology tailored to meet the unique needs of government agencies, ensuring compliance with high privacy and security standards.

Under Gemspring's ownership, OPEXUS achieved notable growth, primarily by expanding its customer base and enhancing its product offerings. The recent merger with Casepoint, known for its expertise in data discovery technology related to litigation and investigations, aims to create a more innovative platform focused on process management and compliance for both government and commercial sectors.

Industry Overview in the Target's Specific Country

The GovTech sector in the United States has experienced remarkable growth in recent years, driven by increasing demands for transparency, efficiency, and modernization within government operations. The