Tyler Technologies Acquires UniFund, L.L.C.
09 Marzo 2012 - 3:17PM
Business Wire
Tyler Technologies, Inc. (NYSE: TYL) today announced that it has
acquired UniFund, L.L.C., which provides enterprise resource
planning (ERP) solutions to schools and local governments. UniFund,
located in Nashua, N.H., is also a reseller of Tyler’s Infinite
Visions® school enterprise solution.
As a result of the transaction, UniFund’s more than 250
BudgetSense® clients — located throughout the Northeast — will
become Tyler customers and its approximately 30 employees will join
Tyler. UniFund had total revenues of approximately $5.5 million in
2011. UniFund’s programs and services will be integrated into Tyler
operations and branding during the coming months.
“Acquiring UniFund is a natural progression to unify our
Infinite Visions brand, simplify our sales channel and leverage
common practices across the country,” said Brett Cate, president of
Tyler’s Local Government Division. “UniFund is widely known and
well respected in the Northeast, and we intend to continue to
deliver the level of service and expertise its clients expect.”
“This transaction is good for UniFund because we are now part of
a larger company, and I believe that there are some bright new
roles and opportunities that will develop for our people,” said
Roger Melanson, partner and co-founder of UniFund, L.L.C. “We will
now be able to collaborate with Tyler to create an even stronger
force in the marketplace, and with the Tyler brand standing behind
our work, we can move forward much faster as a broader and more
unified team.”
About Tyler Technologies,
Inc.
Tyler Technologies (NYSE: TYL) is a leading provider of
end-to-end information management solutions and services for local
governments. Tyler partners with clients to empower the public
sector — cities, counties, schools and other government entities —
to become more efficient, more accessible and more responsive to
the needs of citizens. Tyler’s client base includes more than
10,000 local government offices in all 50 states, Canada, the
Caribbean and the United Kingdom. Forbes has named Tyler one of
“America’s Best Small Companies” four times in the last five years.
More information about Dallas-based Tyler Technologies can be found
at www.tylertech.com.
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