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Civicplus® Acquires Municode. Strengthens Commitment To Building

Aug 28, 2021almost 4 years ago

Acquiring Company

CivicPlus

Acquired Company

Municode

Description

CivicPlus, the nation’s leader in civic experience technology, has announced it has acquired Municipal Code Corporation (Municode), the largest codifier of legal documents for local governments in the United States and a nationally recognized provider of agenda and meeting management and municipal website design solutions.

Company Information

Company

CivicPlus

About

We offer government website design solutions for municipalities and much more. CivicPlus is the leader in software for local government including parks & recreation, mass notifications, 311 & citizen requests, agendas & meetings, and municipal web design.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed