GovExec, an information and intent-based marketing platform for government leaders and contractors, has acquired Power Almanac, an actionable business intelligence application housing data and insights on US local government decision-makers.
The deal was completed with financial support from mid-market private equity firm Growth Catalyst Partners (GCP).
GovExec initially made a strategic investment in Power Almanac in June 2021 with the ability to increase its investment over time. Given the powerful potential to combine Power Almanac with GovExec’s state and local platform, the company has decided to acquire the intelligence data provider.
The financial terms of the investment have not been disclosed.
