Transactions

View All Transactions

January 1 2025

KippsDeSanto & Co. advises Bidscale on its sale to Unison

KippsDeSanto & Co. is pleased to announce the sale of its client, Bidscale (the "Company") to Unison, a portfolio company of Madison Dearborn Partners and Carlyle.

Unlike generic, commercial AI tools, Bidscale is purpose-built for the complexities of federal contracting. The AI technology has already operated successfully at scale across several federal agencies and produced the first-ever AI-generated federal procurement document published on SAM.gov. By understanding the precise structure of solicitations, Bidscale can generate fully compliant, audit-ready documents in minutes rather than weeks. It also guides contracting officers through decision support processes wherein the AI provides data prediction and suggestions to accelerate the development of acquisition strategies in alignment with agency policies.

The acquisition combines Bidscale’s leading AI technology with Unison’s proven suite of federal business process and acquisition software to accelerate procurement modernization and reduce administrative burdens, while upholding rigorous federal compliance standards.

We believe this transaction highlights several key trends in the government enterprise technology M&A market:

• Significant market demand in companies providing AI-driven modernization

• Investment focus remains strong for companies with high-growth recurring revenue models and attractive profit potential

• Continued appetite for differentiated SaaS companies with proven track-records of automating workflow and enhancing capabilities
 

KippsDeSanto & Co. is pleased to announce the sale of its client, Bidscale (the "Company") to Unison, a portfolio company of Madison Dearborn Partners and Carlyle.

Unlike generic, commercial AI tools, Bidscale is purpose-built for the complexities of federal contracting. The AI technology has already operated successfully at scale across several federal agencies and produced the first-ever AI-generated federal procurement document published on SAM.gov. By understanding the precise structure of solicitations, Bidscale can generate fully compliant, audit-ready documents in minutes rather than weeks. It also guides contracting officers through decision support processes wherein the AI provides data prediction and suggestions to accelerate the development of acquisition strategies in alignment with agency policies.

The acquisition combines Bidscale’s leading AI technology with Unison’s proven suite of federal business process and acquisition software to accelerate procurement modernization and reduce administrative burdens, while upholding rigorous federal compliance standards.

We believe this transaction highlights several key trends in the government enterprise technology M&A market:

• Significant market demand in companies providing AI-driven modernization

• Investment focus remains strong for companies with high-growth recurring revenue models and attractive profit potential

• Continued appetite for differentiated SaaS companies with proven track-records of automating workflow and enhancing capabilities