Tyler Technologies Completes Acquisition of MicroPact, Inc. from Arlington Capital Partners
February 28 2019 - 3:17PM
Business Wire
Tyler Technologies, Inc. (NYSE: TYL) announced today that it has
completed the previously announced acquisition of MicroPact, Inc.,
a leading provider of specialized, vertically oriented case
management and business process management (BPM) applications for
government.
Tyler acquired MicroPact from Arlington Capital Partners.
Founded in 1997, MicroPact is based in Herndon, Va., employs 469
people, and has annual revenues of more than $70 million. Its
client base of more than 350 top-tier public sector clients
includes the Department of Justice, Department of the Treasury,
Social Security Administration, and the National Aeronautics and
Space Administration.
“The decision to acquire MicroPact is in line with Tyler
Technologies’ long-term strategy to add products that complement
our current offerings and will support our goals for long-term
growth,” said Lynn Moore, president and chief executive officer of
Tyler. “The acquisition also allows us to expand our business into
new markets such as health and human services, as well as the
federal market, and we look forward to having MicroPact’s team join
our company.”
About Tyler Technologies,
Inc.
Tyler Technologies (NYSE: TYL) is the largest and most
established provider of integrated software and technology services
focused on the public sector. Tyler’s end-to-end solutions empower
local, state, and federal government entities to operate more
efficiently and connect more transparently with their constituents
and with each other. By connecting data and processes across
disparate systems, Tyler’s solutions are transforming how clients
gain actionable insights that solve problems in their communities.
Tyler has more than 21,000 successful installations across 10,000
sites, with clients in all 50 states, Canada, the Caribbean,
Australia, and other international locations. A financially strong
company, Tyler has achieved double-digit revenue growth every
quarter since 2012. It was also named to Forbes’ “Best Midsize
Employers” list in 2018 and recognized twice on its “Most
Innovative Growth Companies” list. More information about Tyler
Technologies, headquartered in Plano, Texas, can be found at
tylertech.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190228005626/en/
Jennifer KeplerTyler
Technologies972-713-3770Jennifer.Kepler@tylertech.com
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