GovPayNet has reached a deal with Securus Technologies which will allow the company to be acquired by the prison technology leader. This deal further cements Securus as the leader in inmate technology services and makes their future look extremely bright. Citing company policy, the terms of the deal were not disclosed, although the deal will allow Mark MacKenzie to stay on board as the Chief Executive Officer of GovpayNet. The company is a leading payment processor for over 2,300 agencies in 35 states in the United States. Their contracts cover over 26% of counties in those states.
This move by Securus, combined with their 2015 acquisition of JPay, will allow them to process over 4 million payments made to government agencies on a yearly basis. It further increases their market share and sets them up to be the nation’s number one provider of technological services to government. With GovPayNet now a subsidiary, Securus now has over 20 subsidiaries providing a wide range of services to many agencies in North America. Over 3,500 agencies use the services of Securus Technology subsidiaries and the number is set to grow.
Securus Technologies provides inmate self-service, commissary account management, inmate and parolee tracking, video conferencing, payment processing, biometric analysis, and a number of technological services to jails and corrections facilities. They have been around for over 30 years, as they were founded in Dallas, Texas in 1986. They operate under a number of subsidiaries to include JPay, Voice Analytics, Telerus, CellBlox, Cara Clinicals, Satellite Tracking of People, and many others. The move to acquire GovPayNet will further bolster the company’s infrastructure as they continue to look for new and better ways to provide more quality services to their customers. They have locations in Dallas as well as three other offices in the Southern United States.