Quantcast
 
History

The Power of One

The history of SECURUS Technologies, Inc. culminates with the merging of two correctional industry leaders; Evercom Systems, Inc. and T-NETIX, Inc. into the H.I.G. Capital family of companies.

Evercom Systems, Inc., formerly Talton Holdings, was incorporated November 30, 1996 in the state of Delaware. Over the next several years, Evercom grew through acquisition, acquiring several inmate telephone service providers across the United States. Each of these companies specialized in the inmate telephone service business.

The company’s strategy was built on becoming the best in the business at providing correctional industry telecommunications programs to facilities nationwide. In 2003, Evercom expanded its focus to include jail management programs for county facilities.

T-NETIX, Inc. began under the name Tele-Matic Corporation, which was incorporated under the laws of the State of Colorado in 1986. In 1988, Tele-Matic merged with Star Ventures, Inc. By 1992, the company had acquired eight affiliated companies in the inmate phone business and the inmate phone business assets of two other companies.

From its inception in August 1986 until July 1992, T-NETIX was primarily engaged in designing, manufacturing, marketing and servicing public payphones, including pay telephones for use in correctional facilities. In 1991, the company began to focus on providing specialized telecommunications services for the inmate calling market.

On March 5, 2004, H.I.G. Capital, a Miami-based private equity firm, announced that it has successfully completed the tender offer for all of the outstanding shares of common stock of T-NETIX, Inc. H.I.G. Capital is a leading private equity and venture capital investment firm with more than $1 Billion of equity capital under management. H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential.

On September 9, 2004, H.I.G. Capital acquired all of the outstanding stock of Evercom Holdings, Inc. The two companies have initially joined forces as separate divisions operating under the SECURUS Technologies banner. As a result of this consolidation, SECURUS is now the largest independent provider of collect, pre-paid and debit calling services to local, county, state and private correctional facilities in the United States.

SECURUS services approximately 3,300 correctional facilities in 49 states, including locations operated by city, county, state & federal authorities and facilities such as juvenile detention centers and private jails. By consistently offering unequaled expertise, superior service and application driven solutions, SECURUS has earned its place among the correctional industry’s top telecommunications and information systems providers. The company’s sole focus is serving the highly specialized needs of the correctional industry and to continually strive to provide creative industry products and solutions to its customers.

aboutus