Transactions

November 22 2024

KippsDeSanto & Co. advises DOMA Technologies on its merger with Livanta, a portfolio company of Pleasant Land

KippsDeSanto & Co. advises DOMA Technologies on its merger with Livanta, a portfolio company of Pleasant Land

KippsDeSanto & Co. is pleased to announce that its client, DOMA Technologies, LLC (“DOMA” or the “Company”), has merged with Livanta, LLC, to become a portfolio company of Pleasant Land, a technology-focused independent private equity sponsor.

Headquartered in Virginia Beach, VA, DOMA provides cloud-based document management solutions aimed at optimizing information management lifecycles for healthcare customers across the federal, commercial, and state and local markets. The Company supports patient outcomes by leveraging AI-powered technology to enhance efficiency and quality oversight, ultimately improving patient care and streamlining healthcare processes through better data management and analytics. DOMA integrates business-critical applications with their proprietary data intake platform, empowering agencies to deliver advanced technology and data-driven outcomes for patients that fundamentally enhance the way their customers operate, creating unique value through innovation, agility, and efficiency.

Founded in 2000, DOMA’s specialized capabilities, talented employees and management team, and robust customer base presents a highly complementary fit with Livanta. This strategic merger positions the combined entity to significantly enhance its capabilities, increase opportunities for the combined employee base, expand its market presence, and integrate technology to change people’s lives.

This transaction highlights several key trends in the government technology M&A market:

• Increasing market demand for technology companies providing innovative digital transformation solutions to support federal, state and local government modernization initiatives

• Robust financial sponsor interest for companies with leading market positions, best-in-class advanced technologies, and capabilities lead by seasoned management teams

• Buyers with explicit growth strategies, industry knowledge, and private equity backing continue to deploy capital, particularly for companies with deep domain and subject matter expertise, established customer relationships, and key market presence on large-scale programs

LEAD INVESTMENT BANKERS

banker-photo

Kevin P. DeSanto

Contact Kevin
banker-photo

Nathan C. Wilson

KippsDeSanto & Co. advises DOMA Technologies on its merger with Livanta, a portfolio company of Pleasant Land

KippsDeSanto & Co. is pleased to announce that its client, DOMA Technologies, LLC (“DOMA” or the “Company”), has merged with Livanta, LLC, to become a portfolio company of Pleasant Land, a technology-focused independent private equity sponsor.

Headquartered in Virginia Beach, VA, DOMA provides cloud-based document management solutions aimed at optimizing information management lifecycles for healthcare customers across the federal, commercial, and state and local markets. The Company supports patient outcomes by leveraging AI-powered technology to enhance efficiency and quality oversight, ultimately improving patient care and streamlining healthcare processes through better data management and analytics. DOMA integrates business-critical applications with their proprietary data intake platform, empowering agencies to deliver advanced technology and data-driven outcomes for patients that fundamentally enhance the way their customers operate, creating unique value through innovation, agility, and efficiency.

Founded in 2000, DOMA’s specialized capabilities, talented employees and management team, and robust customer base presents a highly complementary fit with Livanta. This strategic merger positions the combined entity to significantly enhance its capabilities, increase opportunities for the combined employee base, expand its market presence, and integrate technology to change people’s lives.

This transaction highlights several key trends in the government technology M&A market:

• Increasing market demand for technology companies providing innovative digital transformation solutions to support federal, state and local government modernization initiatives

• Robust financial sponsor interest for companies with leading market positions, best-in-class advanced technologies, and capabilities lead by seasoned management teams

• Buyers with explicit growth strategies, industry knowledge, and private equity backing continue to deploy capital, particularly for companies with deep domain and subject matter expertise, established customer relationships, and key market presence on large-scale programs

LEAD INVESTMENT BANKERS

banker-photo

Kevin P. DeSanto

Contact Kevin
banker-photo

Nathan C. Wilson