September 11, 2023

Clearsight Advises OnCore Consulting on its Merger with GCOM

Clearsight Advisors, Inc. (“Clearsight”) is pleased to share another successful transaction in its Public Sector Technology practice. Clearsight served as the exclusive advisor to OnCore Consulting, LLC (“OnCore” or the “Company”) on its merger with GCOM Software, LLC (“GCOM”), a portfolio company of Sagewind Capital, LLC (“Sagewind”).

OnCore is a rapidly growing provider of technology modernization and digital transformation services for the public sector in California. The Company’s team provides end-to-end IT modernization services to government agencies, advancing their internal systems to improve constituents’ experiences. Based in Sacramento, CA, OnCore serves numerous California state agencies spanning health and human services, tax and revenue, energy and conservation, and pension verticals. The OnCore team’s deep domain experience and comprehensive IT services capabilities combine to form a leading provider of technology-agnostic offerings. This merger creates a nationwide, large-scale digital software and solutions company focused solely on the public sector market, providing outcome-driven, repeatable software and services.

John Nichols, Co-Founder and Managing Director at OnCore, commented, “The merger of OnCore and GCOM unites two complementary businesses and cultures, each with reputations for customer satisfaction. We’re excited about the opportunities this will provide to our employees and the value we will unlock for our customers as a result.”

Donna Morea, Chair of the GCOM Board of Directors said, “I am excited to see two great companies, with common cultures of entrepreneurship and innovation, and unparalleled track records of success join forces to create a powerhouse to help our public sector clients achieve their mission.”

Morea also announced that both John Nichols and Lee Bennett, Co-Founder and Managing Director of OnCore, will join the Board of Directors of the combined entities.

Clearsight Managing Director Joel Kallett added, “OnCore is a fantastic business bringing the future of IT to government agencies. John and Lee, and their team’s hard work, strategic vision, and commitment to delivering exceptional digital modernization services created the incredible company OnCore is today. Together with GCOM, we see a promising next chapter for this exciting combination.”

“The public sector, in particular the state and local market, is growing incredibly quickly,” noted Clearsight Director Brendan Curran. “OnCore is well-positioned to capitalize on this growth as government agencies improve and reimagine how to best serve their constituents. We’re honored to have helped Lee, John, and the OnCore team on this momentous transaction.”

The Clearsight deal team included Joel Kallett, Greg Treger, Brendan Curran, Emily White, Jake Lipman, and George Lorenze.