Patrick Strubbe, Womble Bond Dickinson Team, Guide ClearGov in Merger

Congratulations to Womble Bond Dickinson client and Frontier Growth portfolio company ClearGov! On Jan. 20, ClearGov and Gravity announced the acquisition of ClearGov by Lead Edge Capital – a $5 billion growth equity firm – and its merger with Gravity has officially closed. This merger makes the new ClearGov the most comprehensive modern finance platform serving local governments, school districts, and state agencies across the United States.  

This highly complex and milestone transaction was led by Patrick Strubbe, Corporate/M&A/Private Equity Partner at  Womble Bond Dickinson, with incredible support from Patrick Allen, Michael Cashin, Taylor Ey, Matt Homan, Patrice Howard, Jane Jeffries Jones, James Kearney, Caitlin MacDowell, Richard Rainey, Jake Rifkin, Kristen Tieman, and Volodymyr Usov.

In a statement on LinkedIn, former ClearGov President and Co-Founder Brian Burdick said, “I am excited to announce the next stage in ClearGov’s amazing journey. When Chris Bullock and I partnered up on Jan 1, 2017, it was just the two of us, a handful of contractors and a few initial customers. Nine years later, ClearGov had grown to almost 1,500 customers across the country, and we had built a team of over 200 of the most incredible, dedicated and passionate people I have ever known. It has been an honor and a privilege to work with each and every one of them.”

Patrick and many of the same team members also recently advised Frontier Growth in its sale of AccessOne to Phreesia, as well as its sale of Dinova, Inc. to Buyers Edge Platform.

About ClearGov
ClearGov makes it easy to plan, build and present budgets with confidence. Over 1700 local governments, school districts, and state agencies use ClearGov to bring stakeholders together in one central platform to manage the complete budget cycle – planning, budgeting, disclosing and engaging the community. Modern software built for the specific needs of the public sector, ClearGov is how teams get work done easier and faster, and how they tell their financial story in a way that builds trust and support. ClearGov is proudly endorsed by the National Association of Counties (NACo) and is an Affinity Partner with the International Association of School Business Officials (ASBO). For more information, visit www.cleargov.com.

About Frontier Growth
Founded in 1999, Frontier Growth is a growth equity investment firm based in Charlotte, North Carolina that provides tailored support and resources to help drive sustainable growth and scalability. Frontier's people first philosophy to investing is founded upon putting people before numbers—a belief that it's the people around the table, collaborating together, that make the difference in driving innovation and growth.