GovExec, an information services and insights company for government leaders and contractors, announced the acquisition of Market Connections, a research and insights company serving the public sector. The announcement was made by Tim Hartman, CEO of D.C.-based GovExec, shown above. This acquisition continues the company’s series of highly strategic acquisitions announced over the last year that reinforce GovExec’s commitment to the government market. Terms of the transaction are not being disclosed. Peter Goldstone, Chairman of GovExec, served as advisor.
According to a release, following on the heels of GovExec’s recent acquisitions of data platforms GovTribe and The Atlas for Cities, this acquisition “underscores GovExec’s strategy to invest in research and data services. Actionable intelligence is what fuels GovExec‘s suite of decision support, access, and engagement tools for government contractors. With the addition of Market Connections, GovExec will expand its research capabilities to further enhance the company’s data and insights products, buyer intent capabilities, and content production to support government contractors’ entire go-to-market strategy. “