Tyler Technologies, Inc. and VendEngine, Inc. jointly announced that Tyler has completed the previously announced acquisition of VendEngine, a privately-held cloud-based software provider focused on financial technology for the corrections market.
Tyler and VendEngine will boost innovation and further integrate technology to better serve incarcerated individuals and their families. In addition, with a shared commitment of leveraging technology aimed at improving communities, Tyler’s acquisition of VendEngine enables both companies to better respond to the evolving needs of local and state government agencies, and the residents they serve.
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“Together, Tyler and VendEngine will provide a complete and robust cloud-based technology system aimed at making a positive impact on the courts and justice market, setting incarcerated individuals up for success, and reducing national recidivism rates,” said Rusty Smith, president of the Courts & Justice Division at Tyler. “VendEngine supports inmates and their families throughout the period of incarceration, and Tyler will maintain this focus while leveraging its size and scale to expand upon VendEngine’s mission. This transaction provides significant opportunities to continue innovating and expanding offerings across Tyler’s entire corrections client base and throughout the market.”
VendEngine is one of the fastest growing technology companies in North America. Operating in more than 230 counties and 32 states, VendEngine’s leading cloud-based platform provides a comprehensive suite of applications including deposit technologies for commissary, ordering and warehouse management, and various informational, electronic communications, security, accounting, and financial trust management components.
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Many key services from VendEngine are offered at no cost to incarcerated individuals or their families, including free inbound emails and texts, onsite video visitation, medical requests, access to education, certificates and legal research resources, inmate trust management and grievance management, which Tyler will continue. During COVID-19, VendEngine has worked to expand support networks of families and friends for incarcerated individuals, including providing more than 40 million free connections – texts, emails and video visitation – to incarcerated individuals across the nation.
With the completion of the acquisition, VendEngine founder Silas Deane will serve as general manager, supported by the current VendEngine leadership team. A member of the Technology Advisory Council for the Corrections & Prisons Association, Deane brings significant public policy experience and strong relevant relationships. The VendEngine business unit will continue to be based in Nashville.
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