NIC Inc.

NIC Inc

Company type	Subsidiary
Industry	Information technology consulting
Founded	1992 (1992)
Fate	Acquired by Tyler Technologies in 2021
Headquarters	Olathe, Kansas , United States
Area served	United States
Key people	Harry H. Herington (CEO and Chairman)
Products	Digital government software and services, payment processing solutions
Owner	Tyler Technologies
Number of employees	900+ (2018)
Parent	Tyler Technologies

NIC Inc specializes in delivering digital government services across federal, state, and local levels within the United States. Established in 1992 and headquartered in Olathe, Kansas, the organization is overseen by CEO and Chairman Harry H. Herington. NIC maintains extensive, long-duration agreements with more than 3,500 government entities, providing a suite of IT software, service offerings, and payment processing capabilities.

In April 2021, following an announcement in February of the same year, Tyler Technologies completed the acquisition of NIC through a $2.3 billion all-cash deal. Before this transaction, NIC had generated revenues totaling $344.9 million in 2018 and employed a workforce exceeding 900 personnel across the country. The firm’s dedicated emphasis on digital government solutions establishes it as a prominent technology service provider within the public sector.

Background

NIC’s operations are divided into two primary segments: digital government software and services, alongside payment processing solutions. The digital government division focuses mainly on managing outsourced eGovernment portals for states. Meanwhile, the payment processing segment designs and delivers solutions tailored to federal, state, and local governmental agencies. NIC Federal secures revenue through its contract with the Federal Motor Carrier Safety Administration by administering their online Pre-employment Screen Program.

Acquisitions

In 2018, NIC expanded its portfolio by acquiring Leap Orbit, a platform specializing in prescription drug monitoring programs (PDMP). The following year, NIC entered the regulated cannabis industry through the acquisition of Complia, a technology company headquartered in Centennial, Colorado.

Recognition

Forbes included NIC among America's Best Small Companies in 2013. The company's pre-employment screening customer service team earned a Bronze Stevie Award in 2014 for their support of the U.S. Department of Transportation’s FMCSA. Additionally, NIC was honored as one of Kansas City's Healthiest Employers in both 2014 and 2015. In 2017, Steve Kovzan, NIC’s Chief Financial Officer, received the CFO of the Year accolade from the Kansas City Business Journal.