Tyler Tech (TYL) Acquires ERP Solution Provider UniFund
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Tyler Technologies, Inc. (NYSE: TYL) today announced that it has acquired UniFund, L.L.C., which provides enterprise resource planning (ERP) solutions to schools and local governments. UniFund, located in Nashua, N.H., is also a reseller of Tyler’s Infinite Visions® school enterprise solution.
As a result of the transaction, UniFund’s more than 250 BudgetSense® clients — located throughout the Northeast — will become Tyler customers and its approximately 30 employees will join Tyler. UniFund had total revenues of approximately $5.5 million in 2011. UniFund’s programs and services will be integrated into Tyler operations and branding during the coming months.
As a result of the transaction, UniFund’s more than 250 BudgetSense® clients — located throughout the Northeast — will become Tyler customers and its approximately 30 employees will join Tyler. UniFund had total revenues of approximately $5.5 million in 2011. UniFund’s programs and services will be integrated into Tyler operations and branding during the coming months.
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