GTY brings leading government technology companies together to achieve a new standard in citizen engagement and resource management. Through its six subsidiaries, GTY is the first in the government-technology industry to offer an intuitive cloud-based suite of solutions for state and local governments spanning functions in procurement, payments, grant management, budgeting, and permitting.
flows through government procurement departments annually 1
State and Local Annual IT Spending 2
2020 State and Local Annual Spending on Software 3
In Federal Grants to State and Local Governments in 2019 1
56% of states say that less than 10% of their systems are in the cloud today 2
baby boomers retire daily presenting opportunity for SaaS transition due to new demographics 3
Customer base grew by 15% in 2020
<5% of our customers have more than 1 of our products
of new clients are greenfield
GTY announced the closing of its initial public offering priced at $10.00 per unit, resulting in gross proceeds of $552,000,000.
Acquisition of six government technology companies closed on February 19, 2019 to represent the first deal of this size in the industry. The team celebrated by ringing the closing bell at Nasdaq.
GTY was formed to identify and invest in compelling technologies set to transform the public sector, an effort led by former Accenture Chairman and CEO William D. Green; former EMC Chairman and CEO Joseph M. Tucci; and former EMC executive vice president Harry L. You.
GTY announced the closing of its initial public offering priced at $10.00 per unit, resulting in gross proceeds of $552,000,000.
The Company announced its intention to purchase the six GovTech firms, leading the digital transformation in the public sector.
The Company announced its intention to purchase the six GovTech firms, leading the digital transformation in the public sector.