Securus Technologies Gains Market Share With Latest Move

It was announced in early January the Securus Technologies has acquired government contractor, GovPayNet, on undisclosed terms. The deal is the latest acquisition for Securus, as they continue to gain market share in the inmate technology space. The deal, along with last summer’s acquisition of payment processor JPay, will give the company the ability to process over 4 millions debit and credit payments on an annual basis. GovPayNet will continue to operate as a separate business, with Securus as its parent company and CEO Mark MacKenzie will stay in charge. The Indianapolis-based company currently has current contracts with 2,300+ government agencies to process their credit and debit transactions and have been in operation since 1997.

 

Securus Technologies was created in 1986 and is headquartered in Dallas, with three other locations in the Southern United States. They have over 1,000 employees and own many subsidiaries including JPa, JOBview, T-Netix, Archnoix Systems, Satellite Tracking of People, and many more. The company is one of the largest providers of inmate technology, which services include phone and video conferencing, detainee tracking, parolee tracking, inmate self-service, incident management, and a host of other services. The currently have contracts with over 2,600 correctional facilities in North America, and provide services to over 1.2 million detainees in those facilities. The CEO of Securus Technologies is Rick Smith, while the CEO is Robert “Bob” Pickens.

 

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