Author: Jane Edwards|| Date Published: May 6, 2025
Allocore has completed its purchase of RiverNorth, expanding its reach across federal agencies and strengthening its position as a provider of loan, grant and fraud protection technologies for federal, state and local governments.
Supporting Government Partners Through Fraud Protection Tech
Enlightenment Capital-backed Allocore said Monday RiverNorth employees with government experience and expertise in public sector financial assistance programs will join the company as a result of the transaction.
Bill Webner, CEO of Allocore and a two-time Wash100 awardee, welcomed RiverNorth’s addition to the company.
“Together, we are better positioned than ever to support our government partners in delivering critical lending and grant programs through modern, fraud-resistant, and user-centric technology,” said Webner.
In April, Allocore agreed to acquire RiverNorth, a firm specializing in public sector lending and financial assistance programs.
C5MI has appointed Garth Sanginiti as chief growth officer, the Jacksonville Beach, Florida-based company announced Tuesday. What Will Sanginiti Do as Chief…
SOSi has been awarded a position on a $100 million indefinite-delivery/indefinite-quantity contract to provide strategic and technical services for the Enhanced…
