May 8, 2015

ABRY Partners to Acquire Compusearch

DULLES, V.A. —Arlington Capital Partners and JMI Equity have announced today that they have sold their equity interest in Compusearch Software Systems, Inc. (“Compusearch”) to ABRY Partners. Compusearch is the leading provider of acquisition and program management software to Federal agencies, DoD program offices, and government contractors.

During Arlington Capital Partners’ and JMI’s ownership, Compusearch expanded its suite of acquisition and program management solutions to address the unique regulatory and transparency requirements of federal program offices, acquisition organizations and government contractors.  ABRY Partners will work with the Compusearch executive team to further expand the impact they deliver for their clients.

“We have had a productive and successful relationship with Arlington Capital and JMI for nearly five years. Working with ABRY over the past several months, we have been impressed by their energy, creativity, and knowledge of our business and market,” said Reid Jackson, Compusearch CEO. “We look forward to working with them to expand our offerings with a goal of driving efficiency, compliance, and transparency in the government supply chain.”

Compusearch’s solutions comprise the secure Industry Cloud for federal agencies and programs to work with their industry partners to improve program execution and contract compliance. Compusearch’s leading software solutions include, PRISM for federal acquisition lifecycle management, TopVue for program execution and deliverable support, and SpectrumCLM for Government Contractor’s Contract Lifecycle Management (CLM) processes. All of Compusearch’s solutions are available on Software as a Service (SaaS) model, allowing clients to implement solutions quickly, efficiently, and inexpensively.

Compusearch’s management team, strategy, and market leadership will continue and customers will not see a change in the company’s commitment to them or their missions.

“We are thrilled to be partnering with the Compusearch team,” said Brian St. Jean, Partner, ABRY Partners. “First and foremost, we are in the business of finding and backing companies that have proven track records of delivering value for their clients. During our time with the Compusearch team, we have come to find the assembled group is a superior one, both in terms of ability, as well as in passion and dedication to their clients’ missions.”

ABRY Partners completed the purchase of Compusearch’s stock from JMI Equity and Arlington Capital Partners on May 8, 2015.   Senior financing related to the transaction was provided by SunTrust. Terms of the investment were not disclosed.

About Compusearch
Compusearch is the leading provider of software and services that advance commerce and collaboration among government agencies and contractors.  Compusearch’s PRISM is the contract writing system for defense, intelligence, and civilian agencies.  PRISM has been proven easy-to-learn by more than 50,000 users in nearly every cabinet-level department, and is the only solution that provides acquisition and grants professionals both agility and control. PRISM brings customers the fullest and soonest initial-operating capability (IOC), full auditability, and a long unrivaled track record.

About ABRY Partners
Founded in 1989, ABRY Partners is one of the most experienced media, communications, business and information services focused private equity investment firms in North America. Since its founding, ABRY has completed over $42 billion of transactions, representing investments in over 450 properties. The firm is currently managing over $4.3 billion of total capital and investing out of a$1.9 billion private equity fund, $950 million senior equity fund and a $1.5 billion senior debt fund.

About Arlington Capital Partners
Arlington Capital Partners is a Washington, D.C.-based private equity firm that has managed $1.5 billion of committed capital via three investment funds, focused on middle market investment opportunities in growth industries including: government services and technology, aerospace/defense, healthcare, and business services & software. The firm’s professionals and network have a unique combination of operating and private equity experience that enables Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field.

About JMI Equity
JMI Equity is a growth equity firm focused on investing in leading software and services companies. Founded in 1992, JMI has invested in over 115 businesses in its target markets and has raised more than $3.1 billion of committed capital. Combining domain expertise and active partnership, JMI works with management teams to build market-leading businesses and create long-term shareholder value. Realized investments from JMI funds include Autotask, Axeda, BigMachines, Eloqua, Gemcom, Halogen and ServiceNow.