Ropes & Gray Advises Accela in the Sale of its Legislative Management Business
Ropes & Gray advised Accela on the sale of the assets and operations of the company’s Legislative Management business, previously known as IQM2, to cloud-based software provider Granicus. These assets include public sector meeting software that enables government to manage public meetings and engage citizens in civic processes. The transaction was announced on March 13.
Accela, a portfolio company of Berkshire Partners, provides a market-leading platform of SaaS solutions that empower local governments to improve efficiency, increase engagement and deliver transparency.
The Ropes & Gray team included private equity partner Taylor Hart.