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Syscon Justice Systems Acquired by Harris Computer Corporation
The strategic acquisition of Syscon expands Harris‘ ability to serve correctional institutions across North America, the United Kingdom and Australia.
Frank Young ,
Managing Director
We were very pleased with our decision to select SEG as an advisor. As a private equity firm, we routinely work with investment banks and feel we have a lens to identify quality firms. SEG’s expertise in software was the reason we engaged them, and they demonstrated the value of that knowledge throughout our process. All of the individuals we interacted with at SEG were great to work with, and we would welcome the opportunity to work with them again."
- Frank Young, Managing Director, Sverica Capital Management
SEG served as exclusive advisor to Syscon Justice Systems
Client Description
The company
Syscon Justice Systems is a leading provider of mission critical Offender Management Software (OMS) solutions for the corrections industry.
The software
Having served the OMS market for the past 35 years, Syscon’s offering powers some of the largest and most complex prisons around the world. The Company’s OMS is trusted by a blue chip, global customer base to manage approximately 400,000 offenders.
Headquarters
Richmond, British Columbia
Buyer Description
The company
Since 1976, Harris has focused on providing feature-rich and robust turnkey solutions to Public Sector, Schools, Utility, and Health Care agencies.
Headquarters
The Company’s Public Sector business unit offers a wide variety of solutions to local and state governments. Ottawa, Ontario
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PRESS RELEASE OVERVIEW
SEG Client, Syscon Justice Systems, Acquired By Harris Computer Corporation
Oct. 26, 2017 — Software Equity Group announces its client, Syscon Justice Systems Ltd. (“Syscon”), a business providing Offender Management Systems (OMS) to correctional clients around the world, has been acquired by N. Harris Computer Corporation (“Harris”), owned by Constellation Software Inc. (“Constellation”) (TSX:CSU). Syscon, backed by private equity firm Sverica, British Columbia, provides feature-rich, customizable solutions to top-end agencies globally, encompassing more than 400,000 offenders. SEG served as exclusive advisor to Syscon.
Jean (John) Soucy, President Harris Public Sector Group, commented, “The acquisition of Syscon expands our capability to serve correctional institutions across North America, the United Kingdom and Australia. We are excited to have the opportunity to bring forth such comprehensive OMS applications, thanks to Syscon’s global team of specialists.”
The transaction marks SEG’s 10th transaction in the Public Sector and the 2nd transaction within the Offender Management Software space in the last two years. In 2016, SEG served as exclusive advisor to Capita Technologies, a leading provider of probation and parole software.