Together, MCCi and GovBuilt provide a robust, user-friendly technology offering to meet the ever-evolving needs of government agencies.
WASHINGTON, DC (December 5, 2023) Ascend Capital Group is pleased to announce its most recent transaction in the GovTech space, serving as the exclusive buy-side advisor to MCCi, a portfolio company of Century Park Capital Partners and business process automation leader recently recognized as a GovTech100 company. MCCi acquired GovBuilt, an innovative software platform known for its superior customer service and pioneering offerings to government agencies. This strategic combination strengthens MCCi’s portfolio and reinforces its position as a leader in the GovTech market.
“After conducting extensive independent market research and thoughtfully analyzing the data, Ascend identified GovBuilt as an ideal partner due to its compatible tech stack, experienced management team, and complimentary product offering that would allow us to better serve both companies’ customers,” said MCCi CEO Donny Barstow. “Ascend’s strategic thinking and attentive guidance throughout this process not only provided us a new perspective on the partner we needed but helped us successfully bring that vision to life.”
MCCi provides business process automation to over 1,500 state and local government agencies, police departments, educational providers, and businesses. Their offerings include the JustFOIA cloud-based record request tool, electronic signatures, contract applications, citizen forms, and ID verification. GovBuilt is a low-code/no-code case management platform specifically built for government agencies to provide citizens with a one-stop experience for multiple use cases. With an increased interest in digital licensing and permitting in the GovTech market, this investment reaffirms the company’s commitment to delivering cutting-edge services to its clients.
“Our acquisition of GovBuilt further enables us to provide enhanced user experiences — akin to the user-friendliness of working with live customer service representatives — to citizens and government employees alike. We are already working to launch new solutions and integrations to quickly and efficiently fulfill our clients’ pressing and ever-evolving operational needs,” Barstow added.
“The excitement in the market surrounding this combination is the best outcome we could have imagined. MCCi is already seeing increased customer momentum, which speaks to the combined strengths of both organizations and how well they are serving the needs in the GovTech market together,” said Ascend Managing Director DJ Palmer. “We look forward to seeing MCCi and GovBuilt continue demonstrating their commitment to customers and the positive impact this partnership will have on state and local agencies.”
This transaction was effective November 10, 2023.
