M&A Deal Summary

Tyler Technologies Acquires Arx

On September 9, 2021, Tyler Technologies acquired internet software and services company Arx

Acquisition Highlights
  • This is Tyler Technologies’ 5th transaction in the Internet Software and Services sector.
  • This is Tyler Technologies’ 23rd transaction in the United States.
  • This is Tyler Technologies’ 4th transaction in Michigan.

M&A Deal Summary

Date 2021-09-09
Target Arx
Sector Internet Software and Services
Buyer(s) Tyler Technologies
Deal Type Add-on Acquisition

Target

Arx

Auburn Hills, Michigan, United States
website
Arx is a cloud-based software platform that creates accessible technology to enable a modern-day police force that is fully transparent, accountable, and a trusted resource to the community it serves. Arx is based in Auburn Hills, Michigan.

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Buyer(S) 1

Buyer

Tyler Technologies

Plano, Texas, United States

website


Category Company
Founded 1966
Sector Information Technology
Employees5,500
Revenue 1.9B USD (2022)
DESCRIPTION

Tyler Technologies is a 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 Technologies was founded in 1966 and is based in Plano, Texas.


DEAL STATS #
Overall 25 of 32
Sector (Internet Software and Services) 5 of 5
Type (Add-on Acquisition) 24 of 31
State (Michigan) 4 of 4
Country (United States) 23 of 30
Year (2021) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-03 VendEngine

Brentwood, Tennessee, United States

VendEngine is a cloud-based technology provider specifically focused on financial technology for the corrections market. The Nashville, Tennessee-based company provides a suite of financial and communications applications ranging from deposit technologies for commissary, ordering, and warehouse technology to a host of informational, electronic communications, security, accounting, and financial trust management components for more than 300 correctional facilities across 32 states and the Caribbean. VendEngine is based in Brentwood, Tennessee.

Buy $84M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-08 US eDirect

Roslyn Heights, New York, United States

US eDirect is a provider of technology solutions for campground and outdoor recreation management. US eDirect was founded in 1999 and is headquartered in Roslyn Heights, New York.

Buy -