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Home Acquisition & Procurement

TechnoMile Acquires All Assets of Carroll Publishing; Ashish Khot Quoted

by William McCormick
June 6, 2024
in Acquisition & Procurement, M&A Activity, News
TechnoMile Acquires All Assets of Carroll Publishing; Ashish Khot Quoted

 

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TechnoMile Acquires All Assets of Carroll Publishing; Ashish Khot Quoted
Ashish Khot, CEO of TechnoMile

TechnoMile announced on Tuesday that the company has acquired all the assets of Carroll Publishing. Technomile will operate the assets under a newly formed entity, Lead Connector, and will more tightly integrate the content with their industry-leading Growth, Compliance (Contracts and Supply Chain), and Operations platforms.

“We have been developing technology for years to improve the sales, governance, compliance, and operations of government contractors, AEC firms and manufacturers. Carroll Publishing has always been regarded as the Best-In-Class. So merging this more tightly with our technology will increase our customer’s ability to more quickly and accurately determine who they should target during their growth and compliance processes,” said Ashish Khot, CEO of TechnoMile.

With the investment and exponential growth in the last 3 years, TechnoMile is positioning itself to become a major player to help companies in Government Contracting, AEC, and Manufacturing, grow, comply, govern and operate. TechnoMile’s clientele includes a growing roster of Fortune 500 clients, as well as small and medium-sized businesses.

“For 45 years Carroll Publishing has led the way with high-quality content, specific to Federal, State, and Local decision-makers.  We have been looking for ways to enhance and add even more valuable content. Technomile’s strategy will allow our customers to more proactively receive and use our content.  Technomile represented that leap forward. We are excited about their strategy,” said Sally Swan, former CEO of Carroll Publishing.

About TechnoMile

TechnoMile is a technology firm that provides industry-specific software. We provide cloud-based solutions that conduct portfolio management, account management, campaign management, pipeline management, sales management, compliance management, operational management, and governance processing.

 

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