Manatron Acquires Beyond Appraisal
Portage-based Manatron Inc., a developer of integrated property tax and records management software for state and local governments, today announced its acquisition of Grapevine, Texas-based Beyond Appraisal. Terms of the acquisition were not disclosed.
The acquisition reflects Manatron's continued expansion in and commitment to the Texas market, bringing the company's total number of Texas clients to 34. It also effectively doubles the number of Texas parcels Manatron's software manages to nearly four million.
Beyond Appraisal was formed 12 years ago to develop, sell, and support computer-aided mass appraisal technologies and other related products and services to government property tax assessment organizations, state and local government agencies, commercial property appraisal companies and lending institutions. Beyond Appraisal has built a strong presence in the Texas market, with 10 Texas county appraisal districts operating the company's CAMA software, including the Dallas Central and Tarrant Appraisal Districts.
With its Government Revenue Management software suite, Manatron is the national leader in property tax, assessment, appraisal and recording software. Manatron's GRM software is used by more than 1,400 jurisdictions in 40 U.S. states, Canada, South Africa and the Caribbean to collect more than $100 billion in tax revenues each year.
Said Bill McKinzie, Manatron president and CEO: "We look forward to leveraging the collective strengths of both companies in bringing powerful technologies, responsive support and products to our Texas customers. During the past five years, Manatron has grown its Texas footprint and earned a solid reputation for our technology and support. This acquisition represents an important next step in Manatron's continued commitment to serving the unique needs of this market."
Manatron noted Beyond Appraisal's office will remain based in Grapevine, and will retain its current staff, with Kurt Myers continuing to lead the company as director of operations for Texas.
Said Myers: "It will be business as usual for all Beyond Appraisal clients and they will continue to enjoy the same one-on-one responsiveness that they have come to expect, with the added technologies and resources only Manatron can provide."
More at www.manatron.com.
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