Last deal

Amount

Private Equity

Stage

30.04.2024

Date

3

all rounds

$27.5M

Total amount

date founded

Financing round

General

About Company
Edmunds Govtech provides cloud and on-premise ERP software solutions for local government.

Industry

Sector :

Subsector :

Also Known As

Edmunds & Associates

founded date

01.01.1972

founders

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

The company offers fully-integrated software services for local governments, including ERP applications, real-time mobile applications, and self-service portals. Their solutions help manage expenditures and revenues, produce budgets, deliver reports, and seamlessly integrate with all applications. Additionally, they offer a suite of cloud-based modules that allow customers to view and pay bills online, check permits, log complaints, and check statuses. They also provide a suite of mobile applications that enable users to access, edit, and enter information. Edmunds Govtech is committed to providing a first-class customer experience to streamline operations, increase productivity, and better serve communities.
Contacts
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Financials

Funding Rounds
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Number of Funding Rounds

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Money Raised

Their latest funding was raised on 30.04.2024. Their latest investor LLR Partners. Their latest round Private Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
30.04.2024
2
01.11.2018
1
11.07.2018
$27.5M
Co-Investors
Investors
3
0

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Investor 
Lead 
Round 
Partners 
No
Private Equity
No
Private Equity
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David Reuter

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David is a Partner at LLR Partners, a private equity firm that invests in middle market growth companies with proven business models in a broad range of industries, including business services, consumer and education, financial services, healthcare services and software and IT services. With more than $2 billion under management, LLR Partners provides capital for growth, recapitalizations and buyouts. David has more than 15 years of private equity and accounting experience. Prior to joining LLR Partners, he was a CPA with Arthur Andersen, working in the audit and strategy consulting practices. Education: Lehigh University (B.S.).

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Ashutosh Agrawal

Ashutosh Agrawal

Mr. Ashutosh Agrawal serves as Managing Director and Member of the Core Investment and Portfolio Committee at TA Associates Management. He also serves as a Board Member at Edmunds GovTech. He serves as a Board Member at Technosylva and Rocscience. He serves as an Advisor at Aptean. Previously, he served as a Board Member at Aptean. He was a Principal at Francisco Partners before joining TA in 2011, and previously worked in the Investment Banking Division, Leveraged Finance Group, at Goldman, Sachs & Co. Ashu received a BS degree, summa cum laude, in Computer Science and an MEng in Operations Research and Industrial Engineering from Cornell University, and an MBA degree as a Baker Scholar with High Distinction from the Harvard Business School.

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Sector

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Location

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total rounds

1

count Of Investments

124

count Of Exists

55
Acquisitions
3
Municipal Software acquired by Edmunds GovTech

Municipal Software acquired by Edmunds GovTech

acquirer

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date

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Business Automation Services acquired by Edmunds GovTech

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acquirer

Edmunds GovTech
Edmunds GovTech

date

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Acquisition
Business Automation Services

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Location

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People

Founders
1
Bob Edmunds
Bob Edmunds

Bob Edmunds

Bob started at Edmunds in 1982 as an Associate Programmer. He made significant contributions to the company, and in 1991 was appointed President. His father, Robert R. Edmunds retired a few years later, at which point Bob was then appointed CEO. With his clear vision and team-based collaborative approach, Bob has seen the company evolve to become the East Coast leader in software solutions for local government. He now presides as Executive Chairman, while also advocating for many philanthropic endeavors including: Edmunds’ Family Charitable Trust, Crohn’s & Colitis Foundation, Children’s Hospital of Philadelphia, South Jersey Select AAU Basketball, and more.

current job

Edmunds GovTech
Edmunds GovTech

organization founded

1

Bob Edmunds

Employee Profiles
3
Bob Edmunds

Bob Edmunds

Owner, CEO & Executive Chairman

Activity

Recent News
2
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month