- Transaction brought together two of the leading players in the public sector Applicant Tracking Software (ATS) market.
- NEOGOV acquired customer relationships with several marquee government entities including City of Pittsburgh, Dade County, FL and the State of Maryland.
Overview
On July 3, 2008, NEOGOV acquired Sigma, a leading provider of HR software for state and local governments.
Prior to the transaction, Sigma was owned by CPS Human Resources, which divested Sigma in order to focus on its core business.
Significance
Catapult’s role
- Assisted CPS in obtaining the best outcome for Sigma.
- Served as a buffer between the parent (CPS) and Sigma (division), who were not always aligned on goals for the process.
- Hands-on and highly involved all the way through closing.