Deltek buys public sector market intelligence company Onvia
Deltek, a provider of enterprise software for project-based businesses, has acquired Onvia, a market intelligence company for businesses that sell to the government sector.
Deltek provides management solutions for accounting firms; practices that have an interest in earning government contracts may benefit from Deltek’s latest acquisition.
Terms of the deal were not disclosed.
Deltek’s business offerings for accounting firms consist of solutions for client, staff and talent management, based on platforms developed by Maconomy, a company acquired by Deltek in 2010.
Onvia provides business customers with federal, state and local government contracting leads. The goal of the acquisition is for Deltek to combine its software for tracking government business contract opportunities, Govwin IQ, with Onvia’s capabilities, to create a more comprehensive public sector market intelligence product.
“We are very excited to welcome Onvia into the Deltek family and begin our journey as one global team,” said Mike Corkery, Deltek’s president and CEO, in a statement. “Together, Deltek’s GovWin IQ and Onvia provide the most comprehensive source of information for public sector procurement and government market intelligence. Our customers will benefit from our now broadened solution set, helping them to power their project pursuits and win more business.”