Micropact Global, Inc.
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Micropact Global, Inc. - overview
Established
1997
Location
Herndon, VA, US
Primary Industry
Software
About
Micropact Global, Inc. specializes in providing advanced software solutions tailored for government agencies, focusing on enhancing operational efficiency and public service delivery across various sectors. Micropact Global, Inc. develops software solutions designed to streamline operations for public sector entities.
Founded in 1997 and headquartered in Herndon, US, the company was acquired by Tyler Technologies, Inc. in February 2019 for USD 185 mn. The founder's previous ventures are not detailed, and there are no mentions of subsidiaries. Since its inception, Micropact has engaged in 2 deals, with the most recent acquisition date being February 1, 2019.
Micropact Global, Inc. offers a comprehensive suite of software solutions tailored for the public sector. Their products support key functions such as property tax management, public safety, and civic services. The offerings include integrated systems for computer-assisted mass appraisal (CAMA), tax billing and collections, and assessment administration.
These solutions are designed to improve workflows for various clients, including state and local government agencies, school districts, and correctional facilities throughout the US and Canada. Micropact Global, Inc. generates revenue primarily through subscription-based models and software licensing agreements with public sector clients. Their business model includes multi-year contracts that encompass ongoing support and system updates, thereby ensuring a consistent cash flow.
The integration of various services allows clients to streamline financial management, regulatory compliance, and human resources, enhancing the overall value proposition of their software offerings. Following its acquisition by Tyler Technologies, Inc. , Micropact Global, Inc. will leverage the recent funding of USD 185 mn to support the development of new software solutions aimed at further enhancing service offerings to government entities.
Specific plans include expanding into new geographic regions and markets, with targeted initiatives set to launch in 2020. The resources from the acquisition will be instrumental in executing these growth strategies, further solidifying the company's commitment to enhancing operational efficiencies in the public sector.
Current Investors
Arlington Capital Partners, Iron Data Solutions, Inc.
Primary Industry
Software
Sub Industries
Government, Content Management Software, HR & Workforce Software, Systems Management Software
Website
www.micropact.com
Total Amount Raised
Subscriber access only
Micropact Global, 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 | Micropact Global, Inc. | - | ||||||||
| Merger | Completed | Iron Data Solutions, Inc. | - | ||||||||
| Growth | Completed | Micropact Global, Inc. | - |
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