LCPtracker Expands Compliance Solutions with VantagePoint Acquisition, Strengthening Supplier Diversity Management

Orange, CA; September 30, 2024 – LCPtracker, Inc., a leader in construction workforce and prevailing wage reporting solutions, has announced the acquisition of VantagePoint Compliance, a specialized supplier diversity and contract compliance software developed by GCAP Services, Inc (GCAP). This acquisition, combined with a strategic partnership with GCAP, will provide clients with both advanced software solutions and expert consultation services, streamlining compliance efforts.

“We are excited to expand our compliance offerings and collaborate with GCAP, an organization renowned for its expertise in diversity management,” said Mark Douglas, CEO of LCPtracker. “With the addition of VantagePoint, we’re offering clients a full-spectrum compliance solution that can be customized to meet specific program needs. Coupled with our partnership with GCAP, we can now provide not only powerful software but also access to top-tier consultants, ensuring clients can navigate complex compliance challenges with ease.”

GCAP, with over 25 years of experience in Disadvantaged Business Enterprise (DBE) and Small Business (SB) program solutions, brings industry-leading expertise to the partnership. “This collaboration with LCPtracker will bring comprehensive, turnkey compliance solutions to the market, ultimately fostering stronger communities,” said Ed Salcedo, President of GCAP.

VantagePoint is designed to simplify supplier diversity and contract compliance management with features such as real-time reporting, payment tracking, and automated notifications, providing agencies with the tools they need to streamline compliance efforts and ensure data accuracy.

“We are thrilled to offer a next-generation solution that combines the expertise of both LCPtracker and GCAP, delivering excellence in labor and diversity compliance,” added Amanda Hesse, Chief Revenue Officer of LCPtracker.

This acquisition represents a significant step forward in LCPtracker’s mission to provide clients with comprehensive compliance tools, further enhancing their ability to manage complex workforce and diversity requirements.