Tyler Technologies Acquires Virginia-based Tech Firm in $185M Deal

Tyler Technologies has made several recent acquisitions, and says this deal is part of its growth strategy.

Tyler Technologies

Tyler Technologies, the provider of end-to-end information management solutions and services for local governments that is headquartered in Plano, announced Friday that it has agreed to buy MicroPact Inc. from Maryland-based Arlington Capital Partners in a $185 million all-cash deal.

Lynn Moore

Tyler CEO and President Lynn Moore said the acquisition is part of a growth strategy for the company. The deal should close in March, pending regulatory approvals.

“This is the second largest acquisition in Tyler Technologies’ history and represents a continuation of our long-term strategy to add best-of-breed companies and products that complement our current offerings and support our goals for continued growth,” Moore said in a statement. “The acquisition of MicroPact will augment our product solutions, position us in new practice areas such as health and human services, and present opportunities to expand our business across new and complementary markets.”

Tyler Technologies excited about MicroPact’s federal presence

He said the company is particularly excited about how MicroPact’s presence in the federal market will help Tyler grow.

MicroPact is a provider of commercial off-the-shelf solutions, including entellitrak, a low-code application development platform for case management and business process management, Tyler said in a press release.

Herndon, Virginia-based MicroPact was founded in 1997 by CEO Kristoffer Collo. It employs 469 people, and has annual revenues of more than $70 million. It has a list of more than 350 top-tier public sector clients, including the Department of Justice, Department of the Treasury, Social Security Administration, and the National Aeronautics and Space Administration, and statewide agencies such as the California Department of Consumer Affairs, the Tennessee Department of Health, and the Florida Office of Regulation.

Through the MicroPact Global Alliance program, Tyler said it will gain a partner network that includes such companies as Accenture, Amazon Web Services (AWS), Booz Allen Hamilton, CACI, General Dynamics Information Technology, and NTT Data.

Firm has been busy making acquisitions

Tyler Technologies has been aggressive in the acquisition market.

In December, it announced the acquisition of Canada-based SceneDoc Inc., a provider of mobile-first, software-as-a-service field reporting for law enforcement agencies.

In October it announced the purchase of TradeMaster Inc. and in December 2017, it acquired 10-33 LLC.

Get on the list.
Dallas Innovates, every day.

Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.

One quick signup, and you’re done.
View previous emails.

R E A D   N E X T

  • The provider of compliance solutions for automotive, RV, marine, and powersports lenders will use its investment to "set a new standard" for solving lender compliance issues.

  • By adding the school scheduling solution to its organization, Tyler Technologies is bringing the platform to its 2,000 school district clients. The deal follows its previous acquisitions of NIC and DataSpec.

  • Tyler Technologies—a Plano-based Fortune 500 govtech company—has acquired US eDirect, a leading international provider of tech solutions for campground and outdoor recreation management. The move follows Tyler's April 2021 acquisition of NIC, a leader in digital government solutions and payments.

  • Plano's Tyler Technologies, the leading public sector provider of integrated software and technology, has added IT leader Kevin Iwersen to its team as chief information officer. Iwerson brings years of experience in managing tech infrastructures for corporations and the public sector, including statewide judicial courts, statewide executive government agencies, and U.S. military organizations. He joins Tyler from the Idaho Judicial Branch, where he also served as CIO, and the U.S. Air Force Reserves, where he retired as CIO/Squadron Commander (Lieutenant Colonel) in 2014. Previously, Iwerson was an adjunct professor at Boise State University, statewide chief information security officer, multi-national corporate…

  • With the Snipitz web and mobile app mixed with sharable clips and social media, "you have YouTube marrying Facebook on steroids," the company says.