Acquisitions Galore for Securus Technologies

GovPayNet, a leader in payment processing solutions for government agencies, was acquired by prison and inmate technology leader, Securus Technologies, in early January 2018. The move was the latest in a large number of acquisitions by Securus over the past 15 years. This move futher aligns the company with its goal of being a one stop solution for corrections facilities in North America. The term so of the acquisition were not disclosed but GovPayNet will continue to operate under that moniker and CEO Mark MacKenzie will continue to lead the company into the foreseeable future. The company was founded in 1997 and is based out of Indianapolis, Indiana. They have current contracts with over 2,300 facilities in the U.S., to process their tax, bail, and traffic/criminal fines.

 

Combined with the July of 2015 acquisition of payment processor JPay, Securus Technologies is now the premier provider of payment processing for government agencies in the United States. In addition to payment processing, the company provides inmate self-service, parolee tracking, biometric analysis, and a host of other technology-based services. They were found in 1986 in Dallas, Texas and have steadily grown over the years, with four other regional offices in Texas and Georgia. They have over 1,000 employees and operate a number of subsidiaries including JOBView, Satellite Tracking of People, T-Netix, and many other technology-based companies. CEO Rick Smith has been in charge of the company since 2014 and the COO is Robert “Bob” Pickens. They have acquired over 20 subsidiaries in the past 15 years.