Everyone who invested in the deal should have received notices (via email) from Netcapital and CI with all the details. I cannot share all the details here because it’s a private deal and the specifics are being shared only with investors. If you invested in CI and haven’t seen anything yet, check your email inbox or contact Netcapital.
This is a very solid outcome. Investors will receive half their payout in cash and half in Government Brands stock. Government Brands is a much larger company with serious growth potential.
Government Brands is the preferred partner for government software solutions and integrated payments. Supporting thousands of government customers in 50 states, Government Brands offers solutions for all sizes of governments – municipalities, counties, states and federal agencies. Our cost-effective solutions with integrated payments improve engagement with the public, and our customer-centric solutions streamline, automate and enhance back-office workflows and overall government operations. Whether you lead a tax office, a court, a 311 center, a permitting office or need to offer payments to the public, Government Brands has a solution that works!
Government Brands sounds like an ideal company to buy CI. It will be able to dramatically expand the reach and potential of CI’s powerful online dispute resolution software.
Private equity operations like Government Brands are designed to be grown, then sold. So hopefully in a few more years Government Brands will be acquired, and everyone who invested in CI will be nicely rewarded.
Co-Founder, First Stage Investor