Clearview Capital-backed GCR buys PCC

GCR Inc, a portfolio company of Clearview Capital, has acquired PCC Technologies, a Windsor, Connecticut-based software producer for state and local government agencies. No financial terms were disclosed.

PRESS RELEASE

Old Greenwich, CT, February 9, 2016— Clearview Capital Fund II, L.P. announced today that its portfolio company, GCR, Inc. (“GCR” or the “Company”), has acquired PCC Technologies, LLC (”PCC”). The transaction, which closed on January 16th, is GCR’s second add-on in the past twelve months and the second add-on completed by a Clearview Capital portfoliocompany already in 2016.

Based in Windsor, CT, PCC is a SaaS company that creates innovative software and solutions to allow state and local governmental agencies to become more efficient and transparent in the execution of their day-to-day functions. PCC currently provides software and solutions in four core areas: Election Management and Administration, Campaign Finance, Business Registration and Compliance, and Land Management.

PCC has provided software applications and solutions in 23 states. In combination with GCR and its subsidiary, Quest Information Systems, the combined company now has experience with 31 state and local agencies dramatically improving the Company’s overall qualifications and position to win future business.

“The acquisition of PCC allows GCR to continue its national IT expansion plans,” said Paul Caliento, Partner of Clearview Capital. “PCC also augments GCR’s talent pool, with terrific additions of experienced management, a deep technology bench of more than 40 developers here in the U.S., and a pool of more than 200 developers in India via a long standing PCC partnership.”

Based in New Orleans, Louisiana, GCR is a leading professional services firm delivering technology solutions and software to the public and critical infrastructure sectors. The Company offers a broad range of technology solutions that help clients gather, analyze and apply information, from custom developed software solutions to information management and other professional services.

“GCR is a terrific platform business that with the acquisition of PCC has tripled in size since our initial investment four years ago,” said James Andersen, Co-Founder and Managing Partner of Clearview Capital. “We look forward to working with GCR’s talented management team to achieve substantial additional growth in the months and years ahead.”

Clearview Capital’s other holdings include Advanced Medical Personnel Services, Inc., a provider of nationwide healthcare staffing solutions; Xcellence, Inc. d.b.a. Xact Data Discovery, a provider of discovery and data management services; Northwest Cosmetic Laboratories, LLC, a formulator and manufacturer of prestige skin care products; Novik, Inc., an innovator, manufacturer and distributor of polymer building products; St. Croix Hospice, LLC, a provider of high quality, palliative care for hospice patients; QC Supply, LLC, a leading wholesale distributor to the swine and poultry markets; Child Health Holdings, Inc. d.b.a. Pediatric Health Choice, the country’s largest provider of prescribed pediatric extended care (“PPEC”) centers for medically complex children; Pyramid Healthcare, Inc., a provider of substance abuse and mental health treatment programs for adults and adolescents.