ABRY Partners acquires Compusearch

Arlington Capital Partners and JMI Equity have announced on May 8 that they have sold their equity interest in Dulles, VA-based 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.

Source: Compusearch