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

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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

Read more in the full press release.

 

About KippsDeSanto & Co.

KippsDeSanto & Co. is an investment banking firm focused on serving growth-oriented Aerospace / Defense, Government Services and Technology companies. We are focused on delivering exceptional M&A and Financing transaction results to our clients by leveraging our scale, creativity, and industry experience. We help market leaders realize their full strategic value. Having advised more than 200 industry transactions since 2008, KippsDeSanto is recognized for its analytical rigor, market insight, and broad industry relationships. There’s no substitute for experience. For more information, visit www.kippsdesanto.com.

Investment Banking products and services are offered through KippsDeSanto & Co., a non-bank subsidiary of Capital One, N.A., a wholly-owned subsidiary of Capital One Financial Corporation, and a member of FINRA and SIPC. Products and services are Not FDIC Insured, Not Bank Guaranteed, May Lose Value, Not a Deposit, and Not Insured by Any Federal Government Agency.