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Edmunds GovTech Merges With Similar ERP Company MSI

Edmunds GovTech, backed by private equity, is joining forces with a smaller company whose business is focused in the state of New Jersey and revolves around financial and administrative software.

Atlantic City, N.J.
(FlickrCC/Chris Goldberg)
Edmunds GovTech, which provides bedrock administrative software centered around finance to local governments, has merged with a similar — but smaller — company.

The merger is with Municipal Software, Inc., which serves 114 local government jurisdictions in New Jersey. The company’s offerings include software for taxation, utility billing and accounting as well as network services. Edmunds' technology covers similar areas, but with some more functionality including human resources. It has more than 1,400 government clients throughout the U.S.

A press release announcing the deal described MSI as a “friendly competitor” to Edmunds.

“Today is an exciting day for both MSI and Edmunds, as two like-minded and like-missioned businesses officially join forces,” said Bob Edmunds, CEO and chair of Edmunds’ board, in the statement. “Bringing together the experience, talent and passion of our teams will allow us to provide an even better experience for customers. It is particularly important to me, a must-have, that any partner of EGT's has a positive culture, strong value system and a customer-first mindset. MSI definitively checks all these boxes. I am extremely happy to welcome both the employees and customers of MSI to the Edmunds’ family.”

Edmunds is backed by the private equity firm LLR Partners, which invested in it in 2018.