Covington Represents GovernmentCIO in Sale to Private Equity Firm

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Covington Represents GovernmentCIO in Sale to Private Equity Firm

October 30, 2020

WASHINGTON—Covington represented GovernmentCIO, LLC, a leading provider of high-end technology and digital solutions to the Federal Health IT Services market, in its sale to Welsh, Carson, Anderson & Stowe.

GovCIO is a rapidly growing provider of advanced technology solutions and digital services to the federal government. In the 10 years since its founding, GovCIO has received a number of prime contracts to support the mission of federal health agencies, including the Department of Veterans Affairs and the Department of Health and Human Services.

WCAS is a U.S. private equity firm focused on two target industries: technology and healthcare. WCAS has deep experience in acquiring founder-led businesses and corporate carve-outs. The firm has raised and managed funds totaling over $27 billion of committed capital.

The Covington team included Paul Rogers, Andrew Fischer and Joe DuChane (M&A/corporate), Sergio Urias and Jason Georges (private equity), Tyler Evans (government contracts), Michael Francese and Victoria Ha (employee benefits), Kevin Zaragoza and Liz Allison (tax), James Dean and Kristin Shaffer (antitrust), Burr Eckstut (IP), Libbie Canter (privacy), Heather Haberl and Zach Schutz (real estate), Thomas Brugato (environmental), Anna Kraus (HIPAA), Mona Patel (anticorruption), and Kim Strosnider (trade controls).