Government Brands’ Acquisition of nCourt


Choate Hall & Stewart LLP (Choate) served as legal counsel for nCourt, while Weil, Gotshal & Manges LLP (Weil) served as legal counsel to PSG and GSV in the transaction.

nCourt connects government entities and the public through an integrated SaaS civic engagement and payments platform that facilitates secure, efficient and easy interactions. The company’s solutions improve the operational efficiencies and revenue generation capacity of government entities by streamlining payments and reporting through intuitive web and mobile applications. nCourt empowers government entities of all sizes and types to engage more effectively with an increasingly tech-savvy public. The company is headquartered in Atlanta, Georgia.

Mainsail is a growth equity firm that invests exclusively in bootstrapped software companies. The San Francisco-based firm has a team of experienced operating professionals to help entrepreneurs scale their businesses and accelerate growth. The firm has raised more than $750 million in committed capital since inception.

Established in 2014, PSG focuses on growth equity investments in lower-middle market software and technology-enabled service companies, primarily in North America. Providence is a premier, global asset management firm with $50 billion in capital under management across complementary private equity and credit businesses.

GSV is an operationally-focused, long-term equity investor that provides transformational capital to growth-oriented software/SaaS, technology-enabled information services and technology-enabled business services companies. GSV is headquartered in Knoxville, Tennessee.

Mainsail Partners is a private equity and venture capital firm specializing in middle market, late venture, management buyouts, recapitalizations, growth equity, and growth capital investments. The firm, led by Gavin Turner and C. Jason Payne, is based in San Francisco, CA.

Choate advised Mainsail Partners with a team including Lee S. Feldman (Picture – M&A), Louis J. Marett (Tax), Kevin M. Tormey, Wells W. Miller, Daniel L. Scales, Anthony Cahill, Larissa N. Cespedes-Yaffar and John Marshall Chambers.

Involved fees earner: Lee Feldman – Choate; Kevin Tormey – Choate; Anthony Cahill – Choate; Larissa Cespedes-Yaffar – Choate; Louis Marett – Choate; John Marshall Chambers – Choate; Wells Miller – Choate; Daniel Scales – Choate;

Law Firms: Choate;

Clients: Mainsail Partners;

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Author: Ambrogio Visconti