CPE Media News – pcJournal (7/19/2018) – GCR, Inc., a portfolio company of Hammond, Kennedy, Whitney & Company, Inc. (HKW), has acquired Ottawa based MB3 Technologies Inc. for undisclosed amount. The transaction closed on July 16, 2018.
Founded in 2005 and led by founder and CEO Matt Blakely, MB3 is a software development company focused on emergency grants management. This acquisition further strengthens GCR’s software solutions for public safety and disaster recovery.
HKW acquired majority interest in GCR from Clearview Capital on December 21, 2017.
GCR Inc. Acquires MB3, Deepens Grants Management Technology Portfolio
FOR IMMEDIATE RELEASE
New Orleans, LA, July 19, 2018
New Orleans-based public sector software and services firm, GCR Inc. (GCR), expanded this week by acquiring MB3 of Ottawa, Canada, a leading provider of recovery and grants management software. Integrating MB3 products into GCR’s suite creates a robust offering for clients that manage, oversee, and distribute federal funding, including HUD, FEMA, aviation agencies, and municipalities.
“MB3 deepens our grants management capabilities and furthers our commitment to improve the software and services we provide today,” said Dan Cox, GCR’s CEO.
“I am excited for MB3 to enter our next chapter with GCR. We look forward to continuing to deliver quality solutions for our clients, while leveraging GCR’s subject matter expertise and resources to enhance our offerings,” said Matt Blakely, CEO of MB3.
Since 1979, GCR has developed an industry-leading suite of services and software focused on critical infrastructure, land management, grants management, elections, and government business services. GCR and its subsidiary, PCC Technology Inc., have clients in 8 countries and 49 states.
MB3 was started in response to an ever-growing need to manage grants for disasters throughout the United States. Since MB3’s inception in 2005, 17 states have used MB3 tools to help them better their recovery and grant management process.