NIC, Inc.

NIC, Inc.

NIC, Inc.

Overview
Date Founded

1990

Headquarters

25501 West Valley Parkway, Suite 300, Olathe, KS, 66061, USA

Type of Company

Public

Employees (Worldwide)

1,025

Industries

Other Business & Consulting Services
IT Consulting & Services
Holding Companies
Internet Software & Services
Computer Software

Company Description

NIC, Inc. is a digital government services, which through its subsidiaries, engages in the provision of digital government solutions and secure payment processing. It operates through Outsourced Portals and Other Software and Services segments. The Outsourced Portals segment operates digital government services on an enterprise-wide basis for state and local governments. The Software and Services segment provides software development and digital government services. The company was founded by Harry H. Herington, Ross C. Hartley, William F. Bradley and Jeffery S. Fraser in 1992 and is headquartered in Olathe, KS.

Contact Data
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Executives & Employees

Chief Executive Officer & Chairman of the Board

Chief Financial & Accounting Officer

General Counsel & Secretary

Chief Technology Officer

Chief Information Officer & Executive Vice President

Chief Security Officer

Director of Corporate Communications

Senior Vice President of Strategic Initiatives

Co-Founder

President

Board of Directors

Chief Executive Officer & Chairman of the Board at NIC, Inc.

Former President at Genesis School, Inc.

Owner at Tsaina Lodge

President & Chief Executive Officer at Tyler Technologies Inc.

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NIC, Inc.
Owners & Shareholders
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BCM provides investment services to clients on an individual basis, taking into consideration each client's investment objectives, goals, circumstances, and investment needs. When selecting securities and determining the total amount to be purchased or sold, the firm observes the investment policies, limitations and restrictions of the client accounts for which it advises. Their primary approach in evaluating securities is fundamental analysis. The investment strategy employed by BCM generally involves establishing long-term positions. The principal drivers for their sell discipline are: (1) when the fundamentals that spurred the original investment change adversely; (2) the security becomes overvalued, or; (3) it is determined that the security has been an investment mistake. Short sales, margin transactions and options (in all forms) are not utilized.

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Water Island Capital specializes in event-driven investing and executes its capabilities within a merger arbitrage framework and a special situations framework. The firm employs a fundamental research process, conducting bottom-up analysis of each event opportunity by assessing the strategic rationale, risk/reward, trading dynamics, shareholder registry, regulatory requirements, industry trends and other idiosyncratic factors that are instrumental in the successful outcome of each corporate event.

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Governors Lane LP provides investment advisory and wealth management services. The Company offers portfolio management, consulting, financial planning, and investment supervisory services.

Recent Transactions
Details Hidden

Tyler Technologies Inc. purchases NIC, Inc.

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NIC, Inc. issued USD Common Stock

Transaction Advisors
Auditor

Advised onNIC, Inc. issued USD Common Stock

Underwriter

Advised onNIC, Inc. issued USD Common Stock

Selling Group Member

Advised onNIC, Inc. issued USD Common Stock

Attorney

Advised onTyler Technologies Inc. purchases NIC, Inc.

Attorney

Advised onTyler Technologies Inc. purchases NIC, Inc.

Attorney

Advised onTyler Technologies Inc. purchases NIC, Inc.

Clients

Booz Allen Hamilton Holding Corp. engages in the provision of management and technology consulting services. It offers analytics, digital solutions, engineering, and cyber expertise. The company was founded by Edwin Booz in 1914 and is headquartered in McLean, VA.

Reed Elsevier is a world leading provider of professional information solutions in the science, medical, risk, legal and business sectors. We leverage deep customer understanding to deliver demonstrably improved outcomes to our professional customers. We do this by combining content and data with analytics and technology in global platforms, sharing institutional skills, assets and resources across Reed Elsevier

Key Stats and Financials As of 2020
Market Capitalization
$2.33B
Total Enterprise Value
Earnings Per Share
Revenue
$460M
EBITDA
$102M
Investments
Details Hidden

EGS Group Ltd. provides cloud-based purchase-to-pay and e-procurement solutions. It offers a suite of e-procurement, e-invoicing, workflow and Purchase-to-Pay solutions that assist customers, both large and small, to automate and streamline the entire day-to-day buying process, from request through authorization, ordering and invoice processing. The company was founded in 2000 and is headquartered in Wetherby, the United Kingdom.

Competitors
Salesforce.com, Inc. Computer Software - San Francisco, CA

Salesforce.com, Inc. provides enterprise cloud computing applications. It provides a comprehensive customer and collaboration relationship management service to businesses of all sizes and industries and also provides a technology platform for customers and developers to build and run applications. The company has designed and developed its applications to be easy-to-use and intuitive solutions that can be deployed rapidly, customized easily and integrated with other software applications. Salesforce.com offers its services on a subscription basis, primarily through its direct sales efforts and indirectly through partners. The company operates in one segment. It was founded by Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez in February 1999 and is headquartered in San Francisco, CA.

Accenture Plc IT Consulting & Services - Dublin, Ireland

Accenture solves their clients' toughest challenges by providing unmatched services in strategy, consulting, digital, technology and operations. They partner with more than three-quarters of the Fortune Global 500, driving innovation to improve the way the world works and lives. With expertise across more than 40 industries and all business functions, they deliver transformational outcomes for a demanding new digital world.

Microsoft Corporation Computer Software - Fort Collins, CO

Microsoft Corp. engages in the development and support of software, services, devices, and solutions. It operates through the following business segments: Productivity and Business Processes; Intelligent Cloud; and More Personal Computing. The Productivity and Business Processes segment comprises products and services in the portfolio of productivity, communication, and information services of the company spanning a variety of devices and platform. The Intelligent Cloud segment refers to the public, private, and hybrid serve products and cloud services of the company which can power modern business. The More Personal Computing segment encompasses products and services geared towards the interests of end users, developers, and IT professionals across all devices. The firm also offers operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games; personal computers, tablets; gaming and entertainment consoles; other intelligent devices; and related accessories. The company was founded by Paul Gardner Allen and William Henry Gates III in 1975 and is headquartered in Redmond, WA.

Awards & Honors
Rank #31
2012
Forbes Magazine - 50 Best Small Companies 2012
Sponsored by Forbes Media LLC
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