M&A Deal Summary

Tyler Technologies Acquires ResourceX

On October 31, 2023, Tyler Technologies acquired software company ResourceX

Acquisition Highlights
  • This is Tyler Technologies’ 11th transaction in the Software sector.
  • This is Tyler Technologies’ 30th transaction in the United States.
  • This is Tyler Technologies’ 1st transaction in Colorado.

M&A Deal Summary
Date 2023-10-31
Target ResourceX
Sector Software
Buyer(s) Tyler Technologies
Deal Type Add-on Acquisition

Target

ResourceX

Denver, Colorado, United States
ResourceX provides priority-based budgeting software to the public sector to address key challenges faced in traditional budgeting processes, such as lack of funding and transparency. ResourceX was founded in 2015 and is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Tyler Technologies

Plano, Texas, United States
Category Company
Founded 1966
Sector Information Technology
Employees7,305
Revenue 2.0B USD (2023)
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 32 of 32
Sector (Software) 11 of 11
Type (Add-on Acquisition) 31 of 31
State (Colorado) 1 of 1
Country (United States) 30 of 30
Year (2023) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-31 Arinspect

Fairfax, Virginia, United States

Arinspect is a provider of artificial intelligence (AI) powered machine learning solutions for public sector field operations. The company's advanced AI and machine learning platform allows public sector field workers to work independently and to manage all activities, from pre-arrival set-up through reporting and follow-up, in the field. It analyzes historical data, completed inspections, violations, integrated census data, and more. Arinspect is based in Fairfax, Virginia.

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