GTY Technology Holdings Inc. (Nasdaq: GTYH), a special purpose acquisition company founded by former Accenture (NYSE: ACN) and EMC executives, has wrapped up its purchase of six technology companies in a push to expand presence in the public sector market.
The deals resulted in the formation of a new software company that consolidates Bonfire Interactive, CityBase, eCivis, Open Counter Enterprises, Questica and Sherpa Government Solutions, Las Vegas-based GTY said Tuesday.
“The public sector is undergoing an extensive digital transformation,” said Stephen Rohleder, the combined company’s chairman and CEO.
“Now is the right time to invest in government technology because civic leaders and constituents want and expect an efficient, digital citizen experience,” Rohleder added.
The newly formed holding company intends to offer a software platform and digital services for government clients to manage citizen engagement and operational efficiency.