M&A Transactionβ€’

CIS Acquires Cohero to Bolster Public Safety Software

Computer Information Systems expands its government technology offerings by acquiring Cohero, a leader in coroner and medical examiner case management software.

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Alvaro de la Maza

Partner at Aninver

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Key Takeaways

  • Computer Information Systems acquired Cohero.
  • Sector: Technology, Software & Gaming, Business Services.
  • Geography: United States.

Analysis

Computer Information Systems (CIS) has strategically broadened its public safety software portfolio by acquiring Cohero, a specialized provider of case management solutions for coroner and medical examiner offices. This move, facilitated by Arcadea Group, a private equity firm focused on long-term software investments, significantly enhances CIS's reach into a critical, yet often underserved, segment of government technology.

The integration of Cohero, founded in 2011, brings to CIS a robust, end-to-end digital workflow system designed to modernize operations for coroners and medical examiners. Historically reliant on manual and paper-based processes, these agencies can now leverage Cohero's platform to streamline case management, improve data accuracy, and provide families with timely information during challenging times. This acquisition aligns with Arcadea Group's overarching strategy of consolidating and growing mission-critical software businesses within the public safety sector.

Cohero's existing team will continue to operate under its established brand, functioning as a wholly owned subsidiary of CIS. This approach ensures continuity for Cohero's clientele, which spans various governmental levels from statewide health departments to individual county offices. The company's flagship Case Management System, offered via subscription or perpetual license and deployable on-premise or in the cloud, represents a significant technological advancement for its niche market.

This acquisition underscores a growing trend in the government technology (GovTech) market, where specialized software providers are being consolidated to offer more comprehensive solutions. The public safety software market, a segment valued in the billions and experiencing steady growth driven by digital transformation initiatives and increasing demands for efficiency, presents fertile ground for such strategic integrations. CIS, already a key player with offerings in computer-aided dispatch, records management, and jail management, now gains a unique foothold in the vital coroner and medical examiner space.

Arcadea Group, known for its patient capital approach and commitment to fostering durable software businesses, views this integration as a key step in building a formidable presence in public safety technology. The investment in CIS and subsequent acquisition of Cohero demonstrates a clear vision to support agencies that provide essential community services and support during critical moments for families. The financial specifics of the transaction were not publicly disclosed.

The addition of Cohero's specialized capabilities is expected to create synergistic opportunities, allowing CIS to offer a more holistic suite of solutions to public safety entities. This expansion not only strengthens CIS's market position but also reinforces Arcadea Group's strategy of investing in companies that deliver indispensable services through technology, particularly within the government sector where reliability and efficiency are paramount.