Tyler Technologies, Inc. · NYSE:TYL
Tyler Technologies — Merger or Acquisition (February 2021)
15 slides from Tyler Technologies's merger presentation, Feb 10, 2021
Slide 1: Tyler Technologies to Acquire NIC Inc.
Accelerating Our Expansion in State and Federal Sectors February 10, 2021 Tyler Technologies to Acquire NIC Inc. Exhibit 99.2
Slide 2: Forward Looking Statements
Forward Looking Statements This communication contains “forward-looking statements” within the meaning of the U.S. federal securities laws. Such statements include statements concerning anticipated future events and expectations that are not historical facts. All statements other than statements of
Slide 3: Additional Disclosures
Additional Disclosures Additional Information and Where to Find It This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. This communication may be deemed to be solicitation material in respect of the p
Slide 4: Benefits of the Combination
Tyler Technologies to Acquire NIC Inc. Benefits of the Combination Meaningfully increases Total Addressable Market (TAM), enhancing Tyler’s expansion into State (increases revenue by ~322%1) and Federal (increases revenue by ~47%1) sectors Addition of a significant transaction-based payments busines
Slide 5: Two Organizations That Share Similar Missions
“Empowering the public sector to create smarter, safer and stronger communities.” “Delivering comprehensive digital solutions to make government more accessible for citizens and businesses.” 5 Two Organizations That Share Similar Missions
Slide 6: An Overview of NIC "By the Numbers"
An Overview of NIC “By the Numbers” 1 Based on same-state revenue medians from 2008 – 2019. Leading provider of digital government solutions Large, compelling addressable market Unique payments-based transactional revenue model Deeply embedded with customers Sticky solutions drive strong, predictabl
Slide 7: NIC's Leading Portfolio of Constituent-Centric Digital Government Solutions
NIC’s Leading Portfolio of Constituent-Centric Digital Government Solutions Note: Gov2Go is NIC’s single cross-jurisdiction / cross agency mobile platform for citizens to interact with government. Constituents Digital Government Solutions Civic Engagement Information – Data and Records Interactions
Slide 8: NIC Focus Areas are Highly Complementary with Tyler
NIC Focus Areas are Highly Complementary with Tyler and Include Several Potential Growth Points NIC Solutions Information Interactions Payments Business Solutions Motor Vehicles Taxes Outdoor Recreation Court / Police / Corrections Healthcare 8 Complementary Solutions Natural Adjacencies Growth Oppo
Slide 9: NIC has an Established Client Footprint with Significant Opportunity for Expansion
NIC has an Established Client Footprint with Significant Opportunity for Expansion Department of Transportation Department of the Interior Department of Agriculture Library of Congress Enterprise States and Localities (including payment services) Enterprise Payment Partner States Outdoor Recreation
Slide 10: Overview of NIC State Enterprise
Overview of NIC State Enterprise 1 Based on same-state revenue median from 2008 – 2019. 20+ years 10-20 years MT OK RI AL KY SC CO VT WV NJ NM KS NE IN AR VA ME UT ID HI MS MD OR PA WI CT LA IL IA 0-10 years Long-term contracts lead to high operational and revenue visibility (historical same-state r
Slide 11: Overview of NIC Platform Solutions
Overview of NIC Platform Solutions Hunt / fish licensing, campground reservations, park entrance passes (various solutions in 12 states) Recent contract awards in Pennsylvania and Illinois YourPassNow offers a convenient, mobile way for visitors to purchase entrance passes and licenses Example solut
Slide 12: Creating a Public Sector Technology Solutions Leader
Leading provider of digital services to state and federal governments Platforms and technologies that enhance current product offerings Creating a Public Sector Technology Solutions Leader Leading provider of technology solutions to local, state and federal public sector agencies Low-code platform a
Slide 13: Appendix
Appendix “tyler
Slide 14: NIC Financial Overview and Recent Performance Update
14 NIC Financial Overview and Recent Performance Update Source: Company filings. Note: US$ in millions; Adj. EBITDA adds back stock-based compensation; free cash flow conversion equals Adj. EBITDA less Capex & Capitalized Software divided by Adj. EBITDA; please refer to Tyler and NIC earnings releas
Slide 15: who serve the public” *e “, Se x) tyler
who serve the public” *e “, Se x) tyler technologies tylertech.com | f YinQOo
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