With its most recent financial filings, Tyler Technologies has officially hit a major milestone: For the first time, it has topped $1 billion in annual revenue. Here's a look at the company's past 20 years.
Tyler Technologies, perhaps the single largest state and local government tech vendor in the U.S., has just hit a big milestone: In 2019, the company topped $1 billion in revenue for the first time.
The company's history is largely defined by its acquisitions. Though it has existed in one form or another since 1966, Tyler really got into the government tech market in February 1998 when it acquired three companies in the space — Business Resources Corporation, The Software Group Inc., and Interactive Computer Designs.
Since then, the company has grown until it found itself with a hand in many, many areas of government work. Tyler Technologies has software for enterprise resource planning, courts and public safety, permitting and land use, education, fleet management and more.
Focusing on just the past two decades, here is Tyler Technologies' journey to $1 billion.
And here is a table of all acquisitions Tyler reported in its SEC filings during that time period:
|Acquired company||Year||Purchase price (approx.)||Description (from SEC filings)|
|Capitol Commerce Reporter||2000||$3,000,000||Public records research, document retrieval, filing and information services|
|Eden Systems||2003||$14,000,000||Financial, personnel and citizen services systems for local governments|
|MazikUSA||2006||$7,100,000||Student Information System for K-12 schools|
|TACS||2006||$7,100,000||Software products to manage public sector pension funds|
|EDP Enterprises||2007||$2,500,000||Financial and student information and management systems for public school districts in Texas|
|Advanced Data Systems||2007||$2,500,000||Fund accounting solutions, primarily in New England|
|School Information Systems||2008||$11,100,000||Full suite of student information and financial management systems for K-12 schools|
|VersaTrans Solutions||2008||$7,800,000||Student transportation management software solutions for school districts and school transportation providers across North America|
|Olympia Computing Company (Schoolmaster)||2008||$7,800,000|
|KPL (Parker-Lowe & Associates)||2009||$700,000||Scanning and retrieval software and related services for land record and social services offices in local governments primarily in the North Carolina area|
|Assessment Evaluation Services||2009||$1,100,000||Integrated property appraisal solutions, specializes in applications that deal with the unique provisions of the California Revenue and Taxation Code|
|Wiznet||2010||$9,500,000||Electronic document filing solutions for courts and law offices throughout the United States|
|Windsor Management Group||2011||$16,400,000||Suite of financial and human capital management software solutions to the K-12 education market, primarily in the Southwest|
|EnerGov Solutions||2012||$13,300,000||Enterprise permitting, land management, licensing and regulatory software solutions for governmental agencies|
|Computer Software Associates||2012||$9,400,000||Reseller of Tyler's Infinite Visions school enterprise solution, and sells proprietary CSA tax and recording solutions to county governments, primarily in the Northwest|
|UniFund||2012||$4,600,000||Enterprise resource planning solutions to schools and local governments, primarily in the Northeast, also a reseller of Tyler's Infinite Visions school enterprise solution|
|Akanda Innovation||2012||$2,900,000||Web-based solutions to the public sector which are integrated with Tyler's property tax software|
|SoftCode||2014||$3,500,000||Civil process management software, typically for county sheriff departments|
|New World Systems||2015||$337,500,000||Public safety and financial solutions for local governments|
|Brazos Technology||2015||$6,100,000||Mobile hand held solutions primarily to law enforcement agencies for field accident reporting and electronically issuing citations|
|ExecuTime||2016||$7,400,000||Time, attendance and advanced scheduling software solutions|
|Digital Health Department||2017||$3,900,000||Environmental health software, offering a software-as-a-service solution for public health compliance and inspections processes|
|Modria.com||2017||$7,000,000||Online dispute resolution for government and commercial entities|
|SceneDoc||2018||$6,200,000||Mobile-first, software-as-a-service field reporting for law enforcement agencies|
|TradeMaster (MobileEyes)||2018||$5,300,000||Software to improve public safety by supporting fire prevention and suppression, emergency response, and structural safety|
|CaseloadPRO||2018||$9,300,000||Fully featured probation case management system|
|Socrata||2018||$147,600,000||Open data and data-as-a-service solutions including cloud-based data integration, visualization, analysis, and reporting solutions for federal, state and local government agencies|
|Sage Data Security||2018||$11,600,000||Suite of services that supports an entire cybersecurity lifecycle, including program development, education and training, technical testing, advisory services, and digital forensics|
|MP Holdings Parent (MicroPact)||2019||$203,700,000||Commercial off-the-shelf solutions, including entellitrak®, a low-code application development platform for case management and business process management used extensively in the public sector|
|MyCivic||2019||$3,700,000||Software solutions to connect communities|
|Courthouse Technologies||2019||$19,000,000||Jury management systems that offers fully integrated, end-to-end software-as-a-service solution to manage all facets of juror management, from source list generation to juror processing and payment|