Is Securus Technologies a public company?
Is Securus Technologies a public company?
Securus is owned by Beverly Hills-based private equity firm Platinum Equity….Securus Technologies.
| Type | Private |
|---|---|
| Founded | 1986 (as TZ Holdings Inc.) Dallas, Texas, U.S. |
| Headquarters | Carrollton, Texas , U.S. |
| Products | Tablets, Money Transfers, Communications, education, and reentry services for incarcerated individuals. |
| Owner | Platinum Equity |
Where is Securus Technologies located?
Dallas, Texas
Securus Technologies is headquartered in Dallas, Texas, and serves more than 3,400 public safety, law enforcement and corrections agencies and over 1.2 million inmates across North America.
Who owns aventiv technologies?
Securus Holdings, Inc.Aventiv Technologies, LLC / Parent organization
Who is the CEO of Securus Technologies?
Robert E. Pickens (Jan 1, 2018–)Securus Technologies / CEO
Who owns Securus technology?
Aventiv Technologies, LLCSecurus Technologies / Parent organization
How much money does Securus make?
In 2020, Securus’ revenues grew 10 percent, or $69.5 million, to $767.5 million, compared to just 2 percent in 2019. During the pandemic, every business line – phone calls, video calls, tablets, payment services, and electronic monitoring – experienced growth.
How much is Securus worth?
$1.5 billion
Today, Securus’ valuation has bounced back to as much as $1.5 billion. Securus, and other prison telecom vendors, were effectively barriers to communication for families and their incarcerated loved ones through the pandemic.
What company owns Securus Technologies?
Does Securus own JPay?
JPay, a Miramar-based technology company that provides prisons with electronic payment services, email and a host of educational and entertainment apps, is being acquired by Securus Technologies of Dallas.
Who bought Securus?
Platinum
Platinum acquired Securus for $1.6 billion in 2017 from ABRY Partners.
Are JPay and Securus the same?
In 2015, JPay was acquired by Securus, a prison telecommunications company that had raked in over $114 million dollars in profits in 2014 alone from its phone services in 2,600 prisons and jails across 46 states and the District of Columbia.