Selectron Transaction

Transaction Announcement

Selectron Technologies, Inc. (“Selectron”), a leading provider of citizen engagement, field operations, inspection management and payment solutions serving local governments, municipalities, utilities and cooperatives nationwide, has been acquired by Convey, the omnichannel communications and engagement operating system purpose-built for utilities and regulated industries.

Together, the combined company offers a broader portfolio of solutions that helps utilities and state and local government organizations strengthen engagement across the entire customer and citizen journey, from proactive communications and self-service to bill presentment, processing payments, field operations, and inspections, while improving operational efficiency and delivering better service to the communities they serve. Convey customers gain access to integrated payment capabilities and field operations technology, while Selectron customers benefit from Convey’s omnichannel communications, engagement operating system and AI journey orchestration.

“Selling Selectron was one of the most important decisions of my career, and GLC’s leadership made it the right one. Their team invested heavily upfront in preparing us – the business, the materials and data room, our management team – so we were ready when we hit the market. From there, GLC ran a genuinely competitive process across strategic acquirers and standalone private equity firms, drawing on relationships and GovTech expertise few banks in this space can match. The result exceeded our expectations, and we found the right long-term home for Selectron in Convey. I truly appreciated the GLC team’s ability to successfully navigate the complexities of our transaction, ensuring a win for everyone.”

Todd Johnston
Owner/ CEO, Selectron Technologies, Inc.

GLC Technology Team Overview

GLC’s Technology Group specializes in providing sell-side M&A advisory, buy-side M&A advisory, minority and majority recapitalizations, debt and equity capital raising, and other corporate finance advisory services. The GLC Technology Group has decades of technology M&A and capital markets experience and has closed transactions with leading technology consolidators and technology focused private equity firms representing billions of dollars in aggregate transaction value for its clients.