M&A Deal Summary

Tyler Technologies Acquires New World Systems

On October 1, 2015, Tyler Technologies acquired software company New World Systems for 670M USD

Acquisition Highlights
  • This is Tyler Technologies’ 6th transaction in the Software sector.
  • This is Tyler Technologies’ 2nd largest (disclosed) transaction.
  • This is Tyler Technologies’ 9th transaction in the United States.
  • This is Tyler Technologies’ 1st transaction in Michigan.

M&A Deal Summary

Date 2015-10-01
Target New World Systems
Sector Software
Buyer(s) Tyler Technologies
Deal Type Add-on Acquisition
Deal Value 670M USD

Target

New World Systems

Troy, Michigan, United States
New World Systems Corp. is a provider of public safety and financial solutions for local governments.

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Buyer(S) 1

Buyer

Tyler Technologies

Plano, Texas, United States

Category Company
Founded 1966
Sector Information Technology
Employees7,400
Revenue 2.1B USD (2024)
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 9 of 37
Sector: Software M&A 6 of 14
Type: Add-on Acquisition M&A Deals 9 of 35
State: Michigan M&A 1 of 4
Country: United States M&A 9 of 34
Year: 2015 M&A 2 of 2
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-29 Brazos Technology

College Station, Texas, United States

Brazos Technology Corp. is a provider of configurable mobile solutions for law enforcement and also offers a mobile application tool kit that allows users to build, deploy and manage applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-01 ExecuTime Software

Tulsa, Oklahoma, United States

ExecuTime Software is a provider of time and attendance, and advanced scheduling software solutions.

Buy -