Thoma Bravo, the US private investment firm focused on the software sector, has acquired a majority stake in eDiscovery provider Casepoint and acquired Opexus from Gemspring Capital, simultaneously executing a merger of the two companies.
Casepoint shareholders and Gemspring Capital will both retain minority positions in the combined company while Thoma Bravo holds a majority stake in the combined govtech business, which is aiming to offer a comprehensive platform that modernises workflows and enhances efficiency for government agencies and enterprises.
The merger brings together OPEXUS’s expertise in government process management and Casepoint’s data discovery capabilities.
OPEXUS currently serves over 100,000 government users and 200 public institutions across the US and Canada, offering solutions for Freedom of Information Act (FOIA) requests, audits, investigations, workforce management, and procurement.
Casepoint meanwhile, founded in 2008 by Vishal Rajpara and Vipul Rajpara, is known for its cloud-native data discovery platform, which is widely used by federal agencies and enterprise customers to manage complex data workflows, mitigate risks, and meet compliance obligations.
The combined company will be led by Howard Langsam, CEO of OPEXUS, with Rajpara, joining the executive leadership team.
