GovTech industry veteran brings deep domain expertise to support Great Hill’s investment activity in growing and dynamic government software sector
Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced that Tom Spengler has joined the firm as an Executive-in-Residence. Mr. Spengler brings over 23 years of dedicated local government technology experience to Great Hill and will help the firm identify and pursue investment opportunities within the government technology industry.
“We’re thrilled to welcome Tom to the Great Hill team,” said Chris Busby, Managing Director at Great Hill Partners. “Tom is passionate about improving government and their communities through technology and brings a wealth of acumen and experience that we believe will serve as a valuable resource for the Great Hill team, as well as the management teams we partner with. We look forward to collaborating with Tom in partnering with technology businesses tailored to government end-markets to help them unlock their growth potential and create value for the citizens they serve.”
“I have long admired the way Great Hill approaches sourcing, working with and growing promising technology solutions and I’m thrilled to be joining this great team,” said Mr. Spengler. “I have dedicated my career to helping governments streamline their operations and engage their constituents with an overarching goal of improving local communities. Today, many of our communities are facing new and progressively difficult challenges, and we are eager to begin identifying disruptive companies that are partnering with government agencies to solve these problems.”
Mr. Spengler was the co-founder and CEO of Granicus, where he helped create a cloud-based civic engagement and legislative management platform used by more than 6,000 government agencies and 300 million citizens to streamline workflows and establish more meaningful connections with citizens. More recently, Mr. Spengler was the CEO of Rock Solid Technologies (“Rock Solid”) – an innovative provider of constituent relationship, meeting management, and process automation solutions – where he accelerated growth in North America and expanded its offerings through acquisition, growing to serve more than 800 municipal customers across the US, Latin America, and the Caribbean. In October 2022, he successfully led the sale of Rock Solid to Granicus. Mr. Spengler currently serves on the boards on Daxtra Technologies and Automotus and previously served on the boards of Propylon, PrimeGov, Ascendify and Granicus.
Great Hill is an active software and digital infrastructure private equity investor, having completed more than 40 total investments in these industries. Representative investments include ZoomInfo, Intapp, EnterpriseDB, Varicent and Ascenty.
About Great Hill Partners
Founded in 1998, Great Hill Partners is a private equity firm targeting investments of $100 million to $500 million in high-growth companies across the software, digital commerce, financial technology, healthcare, and digital infrastructure sectors. With offices in Boston and London, Great Hill has raised over $12 billion of commitments and invested in more than 95 companies, establishing an extensive track record of building long-term partnerships with entrepreneurs and providing flexible resources to help middle-market companies scale. It should not be assumed that the portfolio companies discussed in this press release were profitable, or that future portfolio companies or experiences will be comparable. For more information, including a list of all Great Hill investments, visit www.greathillpartners.com.
