William Blair acted as the exclusive financial advisor to Rock Solid Technologies, Inc. (Rock Solid), a portfolio company of Strattam Capital Management, LLC. (Strattam), in connection with its sale to Granicus, Inc. (Granicus), a portfolio company of Vista Equity Partners and Harvest Partners. The transaction was signed on August 22, 2022 and closed on October 12, 2022.
About the Companies
Founded in 1994, with offices in San Juan, Puerto Rico and Dallas, TX, Rock Solid is a Software-as-a-Service (SaaS) service provider that helps local governments and their citizens work as one. As a trusted government partner for 25 plus years, Rock Solid uses technology to create products that streamline internal local government processes and help municipalities better engage their citizens. From legislative management to public records requests and citizen relationship management, Rock Solid’s OnePlatform helps local governments operate more efficiently and improve civic engagement.
Strattam is a private equity firm founded in 2013 and based in Austin, Texas. The firm seeks to invest in the business information technology, enterprise software, digital infrastructure and technology-enabled service sectors. In partnership with founders, the firm makes majority equity investments in established business IT companies across North America.
Granicus is the global leader in customer engagement and experience technology and services for the public sector. Now powering almost 30 billion digital interactions globally each year and connecting over 500,000 government professionals with 300 million opt-in subscribers, the company is proud to serve as a critical strategic partner to governments as they work to deliver equitable and secure government experiences. With comprehensive cloud-based solutions for communications, government website design, meeting and agenda management software, records management, and digital services, Granicus empowers stronger relationships between government and constituents across the U.S., U.K., Australia, New Zealand, and Canada. By simplifying interactions and communicating critical information, the company brings governments closer to the people they serve—driving meaningful change for communities around the globe.
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