Tyler Technologies Acquires Computer Software Associates, Inc.
02 Aprile 2012 - 4:30PM
Business Wire
Tyler Technologies, Inc. (NYSE: TYL) today announced that it has
acquired Computer Software Associates, Inc. (CSA), which provides
financial management systems to schools and county governments.
CSA, founded in 1982 and based in Billings, Mont., is a reseller of
Tyler’s Infinite Visions® school enterprise solution, and sells
proprietary CSA tax and recording solutions to county
governments.
CSA had approximately $8.2 million in total revenue during 2011,
and has more than 200 installations in 10 states throughout the
United States. As a result of the transaction, CSA clients will
become Tyler customers, and its approximately 60 employees will
join Tyler.
The CSA transaction complements two other recent Tyler
acquisitions — Windsor Management Group, L.L.C., and UniFund,
L.L.C. — both of which provide financial and human capital
management solutions to the K-12 education market.
In addition to being a reseller for Tyler’s Infinite Visions
solution, CSA builds and maintains a robust line of proprietary
software. This software includes solutions for land and vital
record indexing for county recorders, and taxation solutions for
county treasurers. Both products are highly competitive and
complement Tyler’s existing application suites, while further
increasing Tyler’s market share nationwide in the county recorder
and tax markets.
“Acquiring CSA immediately increases Tyler’s presence in the
Northwest, further unifies our Infinite Visions brand, and presents
interesting new opportunities with local governments,” said Brett
Cate, president of Tyler’s Local Government Division. “CSA is a
nearly 30-year-old company that is well known for deep and
long-lasting client relationships built on innovation and integrity
— these qualities are shared and valued by Tyler, our employees and
our customers alike.”
“Our mission statement has always been that we are committed to
providing customers with excellent service and leading-edge
software products. Tyler Technologies shares that same core value
as witnessed by their high level of customer and employee
retention,” said Jeff Melugin, vice president of CSA. “Combining
with Tyler will provide our employees with opportunities to
showcase their individual talents and continue to provide a solid
foundation for our customers.”
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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