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