Riata Capital Group, a Dallas-based private equity investment firm, has made a strategic investment in Government Window, a Kennesaw, GA-headquartered provider of payment software for state and local governments. The investment aims to support Government Window’s accelerated geographic expansion and the continued development of its payments software platform.
Government Window’s platform offers a proprietary solution for state and local governments to facilitate payment collection across various methods, including online, in-person, and by phone. It also provides advanced back-end financial workflow and reporting tools for government departments. The company currently operates in over 30 states, serving more than 550 county and municipal customers.
Since its founding in 2006, Government Window has provided its customers with a no-cost, highly secure, and customizable payments platform. Its services include white-glove customer support, tailored payment and reconciliation reporting, and enhanced financial oversight. Constituents benefit from increased convenience and an intuitive interface, designed to facilitate a seamless payment experience across various government departments.
Jeff Fronterhouse, Managing Partner of Riata Capital Group, commented on the investment, stating, “Scott and his team have systematically built one of the leading payments solutions in the government market. By delivering a proprietary and modern software solution, supported by white-glove customer service, the Company delivers exceptional value to its state and local government customers as evidenced by its high customer retention and best-in-class NPS.” Blake Battaglia, also a Managing Partner at Riata Capital Group, added, “We are excited to invest in Government Window’s team and technology to deliver even more value to their customers.”
Scott Kenney, CEO of Government Window, expressed the team’s enthusiasm, saying, “The entire Government Window team is excited to welcome Riata as our investment partner. We have been impressed with their knowledge of our business, history of success supporting high growth, successful organizations, and vision for how Government Window can provide more value to our customers. Their investment better positions the Company for growth, product innovation, and delivering the highest levels of service for our customers.”
Riata Capital Group focuses on investing in growing, profitable, privately-held companies within the business services, consumer, and healthcare services sectors. The firm’s principals have deployed over $2 billion of capital into 47 platforms and more than 400 add-on acquisitions. Shea & Company served as financial advisor to Riata Capital Group for this transaction, while Ascend Capital Group advised Government Window.
