Blue Ladder Capital LLC

05/12/2026 | Press release | Archived content

Govineer Solutions Acquires TrueBill Solutions From GovPath

Acquisition expands Govineer's geographic footprint and enhances service capabilities with proprietary, industry-leading water utility and irrigation management software.

PROVO, Utah - Govineer Solutions, a provider of government accounting and utility billing software, announced it has acquired TrueBill Solutions, the utility billing software division formerly operating as TruePoint Solutions, from GovPath, a Seaside Equity Partners portfolio company. The acquisition adds TrueBill's proprietary water utility and irrigation management software to Govineer's expanding portfolio of local government solutions.

Founded more than 20 years ago, TrueBill provides cloud-based utility billing, water resource management and citizen engagement solutions to water districts, municipalities and special districts across the United States. Its flagship TrueBill utility billing and water management platform helps agencies streamline billing, improve resident satisfaction and maintain compliance with evolving state and federal regulations. The software platform and team will continue operating together under the TrueBill Solutions name, ensuring continuity for customers as the business begins its next phase of growth with Govineer.

"We're excited to welcome the TrueBill team to Govineer," said Mike Fabrizio, Co-CEO of Govineer Solutions. "They've built a great product with robust functionality, a strong reputation for client support and deep domain expertise developed over decades serving local governments. We believe Govineer can be a great partner as we invest in the platform and continue delivering value to customers."

"We're proud of the business the TrueBill team has built and the impact it has had serving agencies across the country," said Bert Auburn, CEO of GovPath. "Govineer's focus on local government software and commitment to customer success make them a natural home for the company's next phase of growth."

Blue Ladder Capital LLC published this content on May 12, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 06, 2026 at 04:33 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]