Chief Operating Officer (CEO) of Securus Technologies, Rick Smith, announced in early 2018 that the company has reached a deal to acquire payment processor, GovPayNet. This comes less than two years after Securus acquired JPay, another payment processor. The move will now allow the company to have the capability to process over 4 million payments per year, making it perhaps the largest processor of government debit and credit payments in the United States.
GovPayNet will continue to operate under their name, maintain their main office in Indianapolis, and CEO Mark MacKenzie will remain at the helm. Any other terms of the agreement were not made public. GovPayNet has over 20 years of experience in processing bail, tax, commissary, traffic and criminal fines, and many other payments made to government entities. They have over 2,300 government agencies under contract as of 2017.
Securus Technologies is the premier player in the prison technology sector, with a number of subsidiaries operating under its control. Some of these subsidiaries include Guarded Exchange, Modeling Solutions, Evercom, JLG Technolgies, JPay, and Archonix Systems. The company has been in existence since 1986 and has acquire over 20 companies since they began operation. The headquarters of Securus are located in Dallas, Texas and they have three other locations, employing over 1,000 people, in both Texas and Georgia. The COO and President is Robert “Bob” Pickens, who has lead the company in these negotiations with GovPayNet. They have contracts with over 3,500 corrections facilities in North America and provide services to over 1.2 million inmates. Some services offered include phone and video conferencing, email and education services, biometric analysis, inmate and parolee tracking, and a host of others.