Manatron, Inc.
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Manatron, Inc. - overview
Established
1969
Location
Portage, MI, US
Primary Industry
Software
About
Manatron, Inc. is a tech company that specializes in providing software solutions for property tax valuation and management, primarily serving local government entities across the United States. Founded in 1969 in Portage, US, Manatron, Inc. provides software solutions for property tax administration.
The company was acquired by Thomson Reuters in June 2011 after Thoma Bravo's investment. It has two recorded deals and has raised a total of USD 66. 00 mn through its latest round, labeled Public to Private, with the same amount being raised in total. The founder's specific history is not detailed.
Aumentum Technologies, a division of Manatron, specializes in property tax valuation and recording solutions for local governments. Their key products include Aumentum Tax and Aumentum Valuation, along with services like customCAMA and ProVal, aimed at improving property tax revenue management. Aumentum serves over 1,000 government agencies, enhancing tax collection efficiency and public service delivery. In the most recent year reported, Manatron generated revenue of USD 41.
80 mn and an EBITDA of USD 4. 17 mn. The business model focuses on providing subscription-based services to government entities, including licensing fees for their software products and ongoing support services. Manatron is focusing on expanding its product offerings, with plans to launch new solutions aimed at enhancing property tax administration efficiency.
The company is targeting expansion into additional U. S. markets, with specific emphasis on regions that currently lack comprehensive property tax management systems. The recent funding will support these initiatives, ensuring ongoing development and client engagement.
Following the acquisition by Thomson Reuters in June 2011, strategic direction has shifted to leverage broader resources for growth.
Primary Industry
Software
Sub Industries
Government, Software
Website
www.manatron.com
Verticals
Urban Planning
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Manatron, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Manatron, Inc. | - | ||||||||
| Add-on | Completed | International Land Systems (ILS) Inc. | - | ||||||||
| Add-on | Completed | Beyond Appraisal | - | ||||||||
| Add-on | Completed | Software Techniques, Inc. | - | ||||||||
| Public to Private | Completed | Manatron, Inc. | - |
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