July 24, 2018
Superion Has Merged with TriTech
About Superion
- Superion is a leading software and information technology solution provider to city, municipal and county governments, as well as public safety and justice agencies and nonprofit organizations
- Drawing upon more than 35 years of experience, the knowledge and expertise of Superion employees help communities that rely on their software serve more than 175 million people each day
- Founded in 1981, Superion is headquartered in Lake Mary, Florida and has more than 650 employees
About TriTech
- TriTech is an industry-leading public safety software provider covering every facet within the incident-response workflow, including 9-1-1, computer-aided dispatch, field-based reporting, records management, jail management, analytics and intelligence, reporting and ambulance billing
- TriTech is headquartered in San Diego with additional offices across the U.S. and over 700 employees
- Bain Capital acquired TriTech in May 2018 and will remain co-owner of the combined business
Buy-Side Investors
- Bain Capital
Sell-Side Investors
- Vista Equity Partners
Sector
- Applications
Subsector
- Government Technology
“In an environment of increasing citizen expectations and constrained public resources, technology can play a critical role by creating a multiplier effect on the work done by public sector agencies. The new company brings together the largest pool of talent focused specifically on building innovative software technologies for the public sector and will look to incorporate recent advances in data science, cloud-based solutions, IoT and AI/ML to enhance the capabilities and impact of the public sector.”
Simon Angove CEO, Superion
Transaction Notes
- The merger of Superion with TriTech and Aptean’s public sector and healthcare business was announced July 24, 2018
- The transaction is the largest investment focused exclusively on developing software for the public sector; financial terms were not disclosed
- The combination creates an industry leader that will offer the broadest and most agile suite of software solutions to serve agencies of all sizes across North America
- Vista Equity Partners and Bain Capital will be co-owners of the combined business; Bain acquired TriTech in May 2018 and Superion and Aptean are both portfolio companies of Vista Equity Partners
- The new company will be led by Simon Angove, an experienced technology and software executive who currently serves as CEO of Superion
- Shea & Company served as the exclusive financial advisor to Superion, Aptean and Vista Equity Partners
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