Lightning Partners Advises GovPredict on their Acquisition by Phone2Action
Transaction Will Create One of the Most Comprehensive Collaboration, Data and Workflow Solutions for Government Relations Teams
ARLINGTON, Va, November 06, 2020 – Lightning Partners, a growth technology investment bank, served as the exclusive financial advisor to GovPredict, a high growth, venture-backed technology company that provides legislative, regulatory and issue monitoring, and intelligence, in its acquisition by Phone2Action, the leading digital advocacy and civic engagement platform.
This transaction places the combined company at the forefront of the fast-paced and rapidly growing market for civic and government affairs software. With this acquisition, Phone2Action, the world’s leading provider of grassroots advocacy software, will now become a category-defining solution where public affairs and government relations professionals can collaborate on projects, gain insight into key bills and policies, galvanize people to act and influence public policy.
“We turned to Lightning Partners to help us navigate the M&A process. That was the best decision we could have made,” said Emil Pitkin, Founder & CEO, GovPredict. “Their experience managing the complexity of M&A, as well as their sound advice throughout the process, was invaluable in achieving this tremendous outcome for GovPredict.”
Phone2Action was launched in 2013 and in 2019 received a strategic investment from Frontier Growth, a Charlotte-based growth equity firm.
About Lightning Partners
Lightning Partners provides direction and advice to growth technology companies and their Boards of Directors on M&A, capital raising and strategy that drive significant shareholder value. The firm consistently and tenaciously delivers optimum results for entrepreneurs, growth companies and their investors, including industry leading valuations, transaction terms and close rates. For more information, visit www.lightningpartners.com.
GovPredict is an enterprise software platform for government affairs teams. Launched in 2015, it has allowed Fortune 500 clients, major trade associations, and nonprofits to track and report on legislation, regulations and policy issues; coordinate advocacy campaigns; and raise political and PAC donations.
Phone2Action is a comprehensive digital engagement and communications platform for grassroots advocacy, public affairs and government relations. Phone2Action's innovative, user-friendly products make government participation accessible in the digital age. The world’s leading nonprofits, associations and companies have used Phone2Action to build their advocacy programs and support their public policy goals since 2013. The Phone2Action platform includes solutions for grassroots advocacy, GOTV, strategic communications and stakeholder engagement. For more information, please visit: www.phone2action.com