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.
Jetstream PR for Tyler Technologies
Tony Katsulos, 972-788-9456,
ext. 301
katsulos@jetstreampr.com