Technologies, Inc. (NYSE: TYL) announced today that it has completed
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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