Securus Technologies Becomes a Giant With Latest Move

Securus Technologies continued its acquisition quest in early January 2018 by announcing that the company has agreed to purchase payment processor, GovPayNet. This move aligns with Securus existing payment processing arm, JPay, and will increase their capacity to process debit and credit payments. The company estimates that they will now be able to process over 4 million transactions annually which will make it the largest of its kind in the United States. GovPayNet, based in Indianapolis, will continue to operate under that name and under the leadership of its current CEO, Mark MacKenzie. The company specializes in debit and credit transactions made to over 2,300 government agencies across the country, which covers over 26% of U.S. counties.

 

Securus Technologies is an inmate technology company that provides a multitude of services to over 12 million inmates and 3,500 corrections facilities in North America. Inmate self-service, phone and video teleconferencing, biometric analysis, parolee and inmate tracking, and email services are just a sample of the number of services the company provides. Securus was founded in 1986 and is headquartered in the Dallas, Texas area with three other regional offices in the United States. The company has spent substantial capital on acquisitions in the past decade, acquiring over 20 entities in that time frame. Securus is led by CEO Bob Pickens.