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PHOENIX, July 24, 2024 ~ B2Gnow, a leading provider of regulatory compliance and diversity management solutions, has announced the acquisition of eComply Solutions, a pioneering company specializing in prevailing wage labor compliance software. This strategic move marks a significant milestone in B2Gnow's mission to deliver comprehensive and innovative solutions for public infrastructure project compliance.
The acquisition was made possible by B2Gnow's parent company, Polaris Partners, a private equity firm based in Boston. While the financial terms of the deal were not disclosed, it is clear that this acquisition will greatly benefit both companies and their clients.
Founded in 1999, B2Gnow has established itself as a leader in the market for business diversity compliance software. Their suite of software solutions helps government agencies, prime contractors, and their vendors manage compliance, outreach, and reporting for diverse and certified vendors. This streamlines processes and ensures that regulatory requirements are met efficiently.
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eComply Solutions was launched as an independent company in 2018 and has quickly gained recognition for its prevailing wage labor compliance software. This software helps agencies and contractors adhere to wage determinations on public works projects, reducing the risk of penalties and improving transparency in the public construction sector.
The acquisition of eComply Solutions is a natural fit for both companies as they share similar values and goals. By integrating eComply Solutions' prevailing wage labor compliance software into B2Gnow's existing diversity compliance platform, clients will have access to a unified system that addresses all aspects of contract compliance. This will result in more efficient and comprehensive management of both prevailing wage labor requirements and diversity goals.
Bryan Proctor, President of B2Gnow expressed his excitement about the acquisition saying, "We are thrilled to welcome eComply Solutions into the B2Gnow family. Their expertise in prevailing wage labor compliance perfectly complements our supplier diversity compliance solutions." He believes that together they will be able to offer unparalleled service and innovation to their clients, making it easier for them to navigate the complexities of public infrastructure contract compliance.
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Justin Talbot-Stern, Chief Executive Officer of B2Gnow, also shared his enthusiasm for the acquisition, stating, "This acquisition underscores our commitment to providing our customers top-tier solutions that advance our shared vision for a brighter future in equitable contracting."
Huey Siah, Managing Director of eComply Solutions, echoed this sentiment saying, "We are excited to join forces with B2Gnow. Our combined platforms and teams will enable us to create a more powerful and comprehensive solution." He believes that this partnership is a significant step forward in their mission to support agencies and contractors in achieving their project compliance goals.
Existing clients can expect a smooth transition as the two companies merge. Customers who have existing integrations with other prevailing wage solutions will continue to be supported. Additionally, the eComply Labor Compliance Certified Payroll product has recently been integrated with the B2Gnow platform, offering unmatched capabilities in combining prevailing wage labor compliance and contract diversity compliance.
For more information on this acquisition and the services offered by B2Gnow and eComply Solutions, please visit www.b2gnow.com/eComply.
The acquisition was made possible by B2Gnow's parent company, Polaris Partners, a private equity firm based in Boston. While the financial terms of the deal were not disclosed, it is clear that this acquisition will greatly benefit both companies and their clients.
Founded in 1999, B2Gnow has established itself as a leader in the market for business diversity compliance software. Their suite of software solutions helps government agencies, prime contractors, and their vendors manage compliance, outreach, and reporting for diverse and certified vendors. This streamlines processes and ensures that regulatory requirements are met efficiently.
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eComply Solutions was launched as an independent company in 2018 and has quickly gained recognition for its prevailing wage labor compliance software. This software helps agencies and contractors adhere to wage determinations on public works projects, reducing the risk of penalties and improving transparency in the public construction sector.
The acquisition of eComply Solutions is a natural fit for both companies as they share similar values and goals. By integrating eComply Solutions' prevailing wage labor compliance software into B2Gnow's existing diversity compliance platform, clients will have access to a unified system that addresses all aspects of contract compliance. This will result in more efficient and comprehensive management of both prevailing wage labor requirements and diversity goals.
Bryan Proctor, President of B2Gnow expressed his excitement about the acquisition saying, "We are thrilled to welcome eComply Solutions into the B2Gnow family. Their expertise in prevailing wage labor compliance perfectly complements our supplier diversity compliance solutions." He believes that together they will be able to offer unparalleled service and innovation to their clients, making it easier for them to navigate the complexities of public infrastructure contract compliance.
More on Boston Chron
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Justin Talbot-Stern, Chief Executive Officer of B2Gnow, also shared his enthusiasm for the acquisition, stating, "This acquisition underscores our commitment to providing our customers top-tier solutions that advance our shared vision for a brighter future in equitable contracting."
Huey Siah, Managing Director of eComply Solutions, echoed this sentiment saying, "We are excited to join forces with B2Gnow. Our combined platforms and teams will enable us to create a more powerful and comprehensive solution." He believes that this partnership is a significant step forward in their mission to support agencies and contractors in achieving their project compliance goals.
Existing clients can expect a smooth transition as the two companies merge. Customers who have existing integrations with other prevailing wage solutions will continue to be supported. Additionally, the eComply Labor Compliance Certified Payroll product has recently been integrated with the B2Gnow platform, offering unmatched capabilities in combining prevailing wage labor compliance and contract diversity compliance.
For more information on this acquisition and the services offered by B2Gnow and eComply Solutions, please visit www.b2gnow.com/eComply.
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