Securus Technologies, a Dallas-based tech firm that specializes providing services to correction facilities and government agencies, announced that it has acquired the GovPayNet. This acquisition will prime Securus to expand its platform of services to nearly double the number of agencies it serves. The move was announced on January 4, 2018 and both companies are excited about the opportunities the acquisition will create. The move will poise the company to increase revenue, streamline services, and provide a better service to its existing customer base.
Securus Technologies was founded in 1986 and focuses on prison technology services. In the past several years it has acquired over 20 other companies to become the premier player in the industry. The company has over 1,000 employees and provides technological services to over 2,600 facilities nationwide. Services like inmate self-service, biometric solutions, and monitoring products are a few of the segments that Securus provides.
GovPayNet has been in operation for over two decades and provides payment processing solution for over 3,500 government agencies in the United States. The company provides processing for many types of government payment to include bail, probation fees, restitution, traffic fines, court fees, and many other payment types. The acquisition will allow Securus to provide payment solutions that align with their existing business.