M&A Deal Summary

Tyler Technologies Acquires Socrata

On April 18, 2018, Tyler Technologies acquired information technology company Socrata

Acquisition Highlights
  • This is Tyler Technologies’ 2nd transaction in the Information Technology sector.
  • This is Tyler Technologies’ 14th transaction in the United States.
  • This is Tyler Technologies’ 1st transaction in Washington.

M&A Deal Summary

Date 2018-04-18
Target Socrata
Sector Information Technology
Buyer(s) Tyler Technologies
Deal Type Add-on Acquisition

Target

Socrata

Seattle, Washington, United States
Socrata, Inc. is a technology company that is focused exclusively on accelerating the shift to digital government. Socrata, Inc. was founded in 2007 and is based in Seattle, Washington.

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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 14 of 32
Sector (Information Technology) 2 of 11
Type (Add-on Acquisition) 13 of 31
State (Washington) 1 of 2
Country (United States) 14 of 30
Year (2018) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-29 Radio1033 - Audio & Digital two-way Radio Communications Technology Business

Plymouth, Minnesota, United States

Radio1033 LLC - Audio & Digital two-way Radio Communications Technology Business is a provider of audio and digital two-way radio communications technology.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-01 Sage Data Security

Portland, Maine, United States

Sage Data Security LLC is a provider of IT security services. Sage offers a suite of services that supports an entire cybersecurity lifecycle, including program development, education and training, threat detection, technology testing, advisory services, and digital forensics. Sage Data Security LLC was founded in 2002 and is based in Portland, Maine.

Buy -