Govtech Companies For Sale

Buy a Govtech Company

Tech firms with Government customers and contracts often have a reliable source of income with room for expansion. Please view our Govtech companies for sale below.  To get the specific details, please fill out our online NDA on the business that you are interested in. 

govtech companies for sale
GovTech
GovTech Digital Agency
$2,500,000
Annual Revenue: $1,222,000 Net Cash Flow: $554,000

The company is a leading provider of GovTech & EdTech solutions, specializing in process automation, complex software engineering, user-centered digital government services, and data management and analytics. With over 25 years of industry experience, the company has earned a strong reputation for consistently delivering innovative, high-quality solutions to both public and private sector clients.

The Company helps enterprises drive digital transformation by delivering scalable, intuitive, and high-performance solutions that enhance efficiency, innovation, and customer experiences. It provides a wide range of services including custom software developmentweb and mobile app development, and user-centered UI/UX design and prototyping to enhance user engagement. The Company specializes in system integration and implementation for large enterprises, ensuring seamless connectivity across platforms. Services also include usability testingtraining programs, and content creation to support client needs from start to finish.

The Tech stack includes PHP, Java, React, JS, Swift, Kotlin, SQL’s, AWS, Symfony 2, Docker, GIT, enabling company to deliver scalable, secure, and innovative digital solutions.

The Company employs AgileKanban, and Waterfall methodologies to deliver tailored solutions that adapt to client needs while ensuring structured and efficient project execution. Processes are operated under internationally recognized standards, including ISO 9004 for quality, ISO 27001 for information security, ISO 20000 for IT service management, and ISO 14000 for environmental sustainability. Solutions are developed in full compliance with EU regulations, especially in GovTech systems, ensuring legal and operational alignment. With TOGAF enterprise architecture, we ensure that technology aligns with business goals for seamless integration. By adhering to these standards, company consistently deliver high-quality, scalable, and secure digital solutions.

Investment Highlights:

  • Industries Served: Public sector, Education, Trade & e-commerce, Finance, Manufacturing, Tourism & Leisure.
  • Efficient Operations: High client satisfaction, with recurring contracts and projects, including prestigious awards like the Central Banking Award, national nominee for World Summit Awards, various national awards and accolades for its contributions to projects from top state officials.
  • Team: The company’s team consists of 15 skilled experts, each with an average of 10+ years of field experience. The team holds international certifications in enterprise architecture (TOGAF), business analytics (OCUP), project management (CompTIA Project+), usability & user experience analysis (CUA), full-stack development (AWS, MS, API, Zend, CIW), system security, cybersecurity & ethical hacker (CompTIA Security+), database (MySQL, Oracle) management, and software testing (ISTQB).
  • Business model: The company operates a service-based business model, providing tailored software developmentweb and mobile app solutionssystem integration, and UI/UX design to government, enterprise, and educational clients. Company offers project-based services from consulting to implementation, with subscription-based offerings for maintenance, cloud hosting, and ongoing updates. By building long-term partnerships, company ensures the consistent delivery of high-quality, scalable solutions that drive digital transformation for the clients in both the public and private sectors.
  • Clients: The company counts major clients such as (one) Baltic Government, National central Bank, the International Labour Organization, and other large public sector institutions. The company has established long-term partnerships with over 200 leading Baltic organizations across various industries.
  • Key figures:
    • Current contracts value is $2,260 k
    • Full 2023: Revenue $1,222 k | Net Income $554k | 47.5% Net Income margin
    • Full 2022: Revenue $1,151 k| Net Income $547k | 45.4% Net Income margin
Northern, Europe
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Growing E-Commerce W2/1099 Tax Compliance Business
$5,000,000
Annual Revenue: $1,618,623 Net Cash Flow: $996,184

This well-established company provides employers and financial institutions with the ability to prepare and file the full range of IRS information returns and annual wage reports documenting payments to recipients, as well as Social Security Administration (SSA) and Affordable Care Act (ACA) returns. It typically serves 1,900-2,000 customers annually, including Fortune 1000 and smaller corporations, colleges, and universities, and federal/state/municipal agencies.

Customers can distribute completed tax forms to recipients or have the company print and mail them to recipients or e-file them. If a proposed IRS policy is approved, by 2023 the number of companies that must e-file reports will dramatically increase—from those that file at least 250 reports to those filing at least 10, which has already attracted new customers in anticipation of this expanded compliance requirement.

The software provides many valuable features, including the ability to: validate taxpayer-identification numbers; flag errors prior to filing returns; quickly and easily correct errors after filing; file combined federal/state returns, and electronically file state wage reports. Because customers can purchase only the services they need, the company has a significant pricing advantage over competitors that bundle multiple services.

With virtually no advertising, growth has been driven primarily by repeat and referral patronage, reflecting the company’s robust software capabilities and stellar support, which has enabled many customers to avoid substantial interest and penalties. Since 2020, the company has acquired and gained many new customers because its previous vendors discontinued valuable services.

Because the company provides a compliance—vs. a discretionary—service, it is highly resistant to economic downturns. An accounting firm would be an ideal buyer, as it would greatly increase revenue derived from its existing clients while attracting new clients that appreciate the benefit of having a single company address both their tax preparation and filing needs.

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IT Services Firm GSA Approved
$5,900,000
Annual Revenue: $3,051,527 Net Cash Flow: $1,342,409

With years of expertise in design, implementation, and security, this company is a trusted partner for managing your business and technology infrastructure.

As a comprehensive IT firm, they offer a full suite of services, from strategic IT consulting and hardware procurement to advanced security and forensic audits, data center collocation, managed services (MSP), and custom development. Their automated supply chain ensures rapid delivery of IT hardware, while their collocation services cater to a wide range of data center needs, regardless of size or specific requirements.

Their state-of-the-art managed services, including email, hosted websites, and cloud solutions, provide reliable, secure, and efficient IT operations, contributing to a stable and predictable recurring revenue stream.

Priced competitively for a quick sale, this motivated seller is also open to staying on to support the business and help grow the brand.

New Jersey
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Leading Telecom Infrastructure Company – Sold
$20,500,000
Annual Revenue: $21,000,000 Net Cash Flow: $5,000,000

This business has been sold. Please view our other Telecom Companies for sale and other Contracting Companies for sale.  Contact us if you would like to sell your telecom contracting company or fiber optic contracting company.

Highly regarded construction company providing infrastructure support construction to the datacom/telecom and electrical utility sector in Arizona and neighboring states.

With four decades of experience, the company has forged a stellar reputation with public and private utility providers through its expertise and timely on-budget project completion. Ownership is accorded “favored son” treatment in the awarding of lucrative fiberoptic and aerial electrical lines contracts that seemingly have no ceiling as consumer demand for increased speed and bandwidth continues to surge. Coupled with government mandates and funding to provide high-speed internet service to rural areas, the fiberoptic industry has ensured a bright future for many years to come.

Indeed, contracted work has resulted in year-over-year topline growth of 225% in the past year alone, with continued projected growth in 2024 and 2025 of an additional 42% and 16%, respectively. Net cash flow to owners has and will continue to mirror gross revenue growth, with year-over-year increases of 140% and 31% through 2024.

Scaling is virtually guaranteed through technological advances and public demand, as well as significant barriers to entry for new competitors. A highly trained field staff, motivated administrative team, and a full complement of young equipment and vehicles complete this legacy offering.

Arizona
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Electronic Health Records Software Company – Sold
$3,400,000
Annual Revenue: $3,145,000 Net Cash Flow: $600,000

The company has been sold, view our other technology businesses for sale.

Software Company with a niche in the Electronic Medical Records (EMR) industry was sold. Their proprietary software is easy to use and learn compared to their competitors and as a result this has allowed for significant growth of the company. Over 50% of their revenue is recurring revenue that their customers pay every month or year. There are federal government subsidies for Medical Organizations to convert their medical records systems to certified EHR software for Medicare and Medicaid billing.  In addition to subsidies and potential penalties EMR software provides health care practitioners the ability to more efficiently manage their customer records and provide better customer service with a compelling return on investment. There are significant barriers to entry in developing the numerous features for their particular niche that competitors simply don’t have in their products.

Growth Opportunity: Currently they have a very small sales staff and sell all their products directly to customers. A new owner could grow the sales force and potentially establish reseller relationships.

Contact us to help you sell your technology business.

Connecticut
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Software Solutions Provider – ERP, BPM, and Data Intelligence – Sold
$2,900,000
Annual Revenue: $3,280,000 Net Cash Flow: $636,000

This company has been sold. Please view our other Technology companies for sale.

This Software and It Services provider represents a unique opportunity for a buyer to acquire an open-source software solutions provider with several hundred customers worldwide. SSP offers its clients award-winning solutions in ERP, BPM, and Business Intelligence. Founded in 2008, the company currently has operations in the US, the Middle East, and India.  SSP has clients across a broad spectrum of industries and countries, including private and government organizations. In 2016, it added large clients from Saudi Arabia and Canada to a client list that already included firms in the US, Middle East, and India.

Georgia
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Established Software Company – Sold
$995,000
Annual Revenue: $974,000 Net Cash Flow: $333,000

This company has been sold, see our other software companies for sale. Long Established software company provides file transfer software, including Secure FTP, that secures the exchange of files between a company’s business and its customers, business partners, as well as provide file distribution services for web-based applications.

The company has been creating and selling data communications software since the 1980s. The company’s products are used primarily by Fortune 1000 companies primarily in banking, healthcare, government, insurance and manufacturing. Data communications gateway software is the company’s primary business.

The company’s main product, called the Secure Network Gateway, consists of an overall, controlling automation program, a group of job processing services, including a scheduler and alert mechanisms, several secure IP  products covering SSH, SSL and HTTPS, some directory management services and several file-processing applications.

Their typical customer is a Fortune 1000 company. The banking and financial services market makes majority of their customers, their products have proven successful for banking, healthcare, insurance, manufacturing, and government. Their current client roster is 39 for 2017. These are long-standing elite accounts, some go back to 1990s and clients rarely leave unless they merge with other companies that may have a different vendor. Their largest current client provides only 6% of revenue, so the sales are not concentrated. Most of their clients are in the Eastern US, but they do have some in Hawaii, Wisconsin, Kansas, Kentucky, Michigan, California and Manitoba, Canada. 80% of clients pre-pay in advance annually, 20% are billed and collected on a monthly basis.

The current staff consists of 4 FT employees, 2 are admins 1 is a CFO and 1 is Payroll/Benefits coordinator. The other 2 remaining people are software support in which one wants to retire and the other could be retained post-transition. All employees are willing to stay on through the transition.

Contact us to sell your software business.

Buying or Selling a Govtech Company

There are a number of different types of Govtech companies such as software companies, IT Services, Ecommerce, security, and more.  Some Govtech companies supply tech solutions to government at all levels including federal, state, and municipal agencies. 

If you are interested in selling your profitable Govtech company, we offer a confidential consultation.  We have experience selling Govtech companies and can guide you through the process. Our services are free until your company is sold, and we provide a confidential sales process.

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