Tyler Technologies Acquires Safeground Analytics
02 March 2023 - 1:17AM
Business Wire
Acquisition to elevate appraisal services
offerings for assessment community
Tyler Technologies, Inc. (NYSE: TYL) announced today it has
acquired Safeground Analytics, a company providing exemplary real
estate appraisals and assessments for states, counties, and
municipalities. Safeground brings an experienced team of
appraisers, analysts, statisticians, economists, computer
scientists, and assessors to provide residential and commercial
reassessments, bolstering Tyler’s existing appraisal services
business.
“Tyler has been the leader in the appraisal market for more than
80 years, and we remain committed to strengthening our service
offerings in this space,” said Mark Hawkins, president of Tyler’s
Property & Recoding Division. “Safeground has been our partner
on numerous valuation projects over the years, and we continue to
be impressed by the company’s strong client retention, their deep
appraisal experience – particularly with complex commercial
properties – and their commitment to supporting the education and
training of assessors. We are excited to welcome them to the Tyler
team.”
Since 2015, Tyler has worked with Safeground on multifaceted
valuation projects in New England and is currently contracting its
services for three county-wide commercial reassessments in
Delaware. Safeground has a strong presence in the New England and
mid-Atlantic markets, which complements Tyler’s nationwide
appraisal footprint.
In addition to appraisal services, Safeground brings expertise
in litigation support and expert witness testimony for property
appraisal matters, as well as auditing and monitoring services,
expanding Tyler’s appraisal services offerings. The company is
experienced in providing education training courses to further
strengthen and grow Tyler’s professional services offerings to the
assessment community.
“Joining a company with such a broad – and growing – footprint
means exciting opportunities to expand our appraisal services and
benefit assessors nationwide,” said John Valente, chief executive
officer of Safeground. “Tyler and Safeground share similar values,
expertise, and a commitment to International Association of
Assessing Officers (IAAO) technical standards for fair and
equitable property assessments. We are excited to integrate our
expertise and make an impact on nationwide appraisal services.”
Founded by John Valente, Safeground is currently based in
Northampton, Massachusetts. The Safeground team will join Tyler’s
Property & Recording Division but will remain in New England as
remote employees. John will serve as Northeast Regional Appraisal
Manager.
About Tyler Technologies,
Inc.
Tyler Technologies (NYSE: TYL) provides integrated software and
technology services to the public sector. Tyler’s end-to-end
solutions empower local, state, and federal government entities to
operate more efficiently and connect more transparently with their
constituents and with each other. By connecting data and processes
across disparate systems, Tyler’s solutions are transforming how
clients gain actionable insights that solve problems in their
communities. Tyler has more than 37,000 successful installations
across more than 12,000 locations, with clients in all 50 states,
Canada, the Caribbean, Australia, and other international
locations. Tyler has been recognized numerous times for growth and
innovation, including Government Technology’s GovTech 100 list and
Forbes’ “Most Innovative Growth Companies” list. More information
about Tyler Technologies, an S&P 500 company headquartered in
Plano, Texas, can be found at tylertech.com.
#TYL_Financial
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Jennifer Kepler Tyler Technologies 972.713.3770
Media.team@tylertech.com
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