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Hansen(R) Partners with Leading Private Equity Firm, Golden Gate Capital, for Future Expansion; Opportunity to Lead Government IT Market Consolidation Expected to Benefit Global Public Sector Customers.


RANCHO CORDOVA Rancho Cordova (răn`chō kôrdō`və), uninc. residential city (1990 pop. 48,731), Sacramento co., N Calif. A suburb of Sacramento, it experienced rapid growth in the late 20th cent. , Calif. -- Hansen Information Technologies ("Hansen(R)"), the leading provider of software solutions to state and local governments, today announced a strategic investment by San Francisco-based Golden Gate Capital, a $2.6 billion private equity fund. The investment by Golden Gate Capital will provide substantial financial resources to accelerate Hansen's global expansion plans and deliver superior services to state and local governments.

Founded in 1983 and currently supporting 450 government agencies with over 110,000 government users worldwide, Hansen's customers include some of the largest government agencies in the world. Hansen's customer base includes Austin, Baton Rouge Baton Rouge (băt`ən rzh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , Chicago, Dallas, Fairfax County, Halifax Regional Municipality A Regional Municipality (or Region) is a type of Canadian municipal government similar to and at the same municipal government level as a county, although the specific structure and servicing responsibilities may vary from place to place. , Hertfordshire County Council, Indianapolis, Johannesburg, Los Angeles, Louisville, Montgomery County, New York Montgomery County is a county located in the U.S. state of New York. It was named in honor of Richard Montgomery, an American Revolutionary War general killed in 1775 while attempting to capture Quebec City, Canada. The county seat is Fonda.  City, Philadelphia, Phoenix, San Antonio, San Diego County, Toronto, the Government of Western Australia, the State of California Department of Transportation The California Department of Transportation (Caltrans) is a government agency in the U.S. state of California. Its mission is to improve mobility across the state. It manages the state highway system and is actively involved with public transportation systems in California.  (Caltrans) and the California Department of Industrial Relations.

"This is a winning transaction for Hansen customers, prospects, employees, and partners," stated Chuck Hansen, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Hansen. "This investment provides Hansen the opportunity to pursue a very aggressive plan to enhance product offerings, invest in superior service delivery, and expand our footprint in the state and local government IT market. Golden Gate Capital brings a wealth of expertise that will help make an even greater impact in providing public sector citizen-centric ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  applications."

Hansen's applications help manage the daily operations of government, and include the industry's leading applications for Building Permits, Citizen Relationship Management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ), Enterprise Asset Management, Financials, Property Tax, and Utility Billing. A key factor in the company's dramatic growth has been the successful introduction of its next generation Microsoft .NET Web-based product suite, Hansen 8. Providing a 360-degree view of a citizen's enterprise-wide transactions, Hansen 8 represents a services oriented architecture (SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records.

(2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability.
) that enables governments to combine financial and operational information to improve service delivery.

"The City of Las Vegas
This article is about the passenger train City of Las Vegas; for the city, see Las Vegas, Nevada; for other uses, see Las Vegas (disambiguation).


The City of Las Vegas
, Nevada is excited about the announcement of the capital investment and strategic alliance established between Hansen and Golden Gate Capital," stated Patricia Dues, PMP See point-to-multipoint and portable media player.

PMP - Portable Media Player
, Project Officer for the City of Las Vegas. "Hansen is a long time partner with the City and we see this new alliance as an opportunity for Hansen to strengthen our partnership by continuing to enhance their current Hansen 7 product line, in addition to migrating to the new Hansen 8 product line."

"This acquisition provides Hansen additional opportunities to meet their growing customer needs," stated William J. Thomas, Chief Financial Officer, City of Rancho Cordova, California Rancho Cordova is a city in Sacramento County, California, USA, that incorporated in 2003. The State of California estimates its population at 59,056 as of January 1, 2007 [1] History . "It also positions them as a major Rancho Cordova business and strengthens the City's partnership with them."

"With substantial financial backing from Golden Gate Capital, Hansen will be well positioned to accelerate its extraordinary growth and provide more innovative and comprehensive solutions to its customers," said David Dominik, Managing Director of Golden Gate Capital. "Hansen, through its deep vertical knowledge and industry-leading products, is changing what state and local governments expect from an enterprise software vendor. We are very excited to partner with Hansen's management team as they continue to drive the company along its impressive trajectory."

About Golden Gate Capital

Golden Gate Capital is a private equity firm with over $2.6 billion of capital under management dedicated to investing in high-growth businesses in change-intensive industries. The firm's charter is to partner with world-class management teams to make equity investments in situations where there is a demonstrable opportunity to significantly enhance a company's value. Over the past four years Golden Gate Capital and its portfolio companies have completed over 40 software acquisitions aggregating to approximately $2.5 billion in revenue. For more information, visit www.goldengatecap.com.

About Hansen Information Technologies

Hansen is the world's leading provider of intelligent, adaptive, and pervasive solutions that help manage government transactions. Headquartered in Rancho Cordova, California, the company is a privately-held corporation employing over 260 people with offices in Auckland, London, Melbourne, Perth, Sydney, and Toronto. For more information, visit www.hansen.com.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Hansen(R) Partners with Leading Private Equity Firm, Golden Gate Capital, for Future Expansion; Opportunity to Lead Government IT Market Consolidation Expected to Benefit Global Public Sector Customers.
Publication:Business Wire
Article Type:Company Profile
Geographic Code:1USA
Date:Feb 21, 2006
Words:654
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