Ontario Systems, a portfolio company of Arlington Capital Partners, has acquired Albuquerque, New Mexico-based Justice Systems, a provider of court case management software and electronic payment solutions. No financial terms were disclosed.
PRESS RELEASE
WASHINGTON–(BUSINESS WIRE)–Arlington Capital Partners (“Arlington”), a Washington, DC-area private equity firm, today announced that its portfolio company Ontario Systems (“Ontario”), a leading provider of enterprise revenue cycle management (“RCM”) software to the healthcare, accounts receivable management and government markets, has completed its acquisition of Justice Systems (“JSI”). Based in Albuquerque, NM, Justice Systems is a leading provider of court case management software and electronic payment solutions to government clients including state and municipal court systems. JSI currently serves over 500 unique courts and judiciary offices.
Ontario Systems and Justice Systems are leading players in the growing government software sector, with over 35-year histories of providing trusted solutions to their clients. The merger marries JSI’s court case management and e-payment capabilities with the receivables workflow and payment follow-up automation of Ontario Systems, creating a closed loop payment and enterprise workflow solution for state and local court systems.
Matt Altman, a Managing Partner at Arlington, said “The addition of Justice Systems augments Ontario’s established position as a leading enterprise RCM software provider and accelerates the Company’s growth within the attractive government market. With an expanded solution offering, Ontario is particularly well positioned to benefit from rapid growth in the electronic payment processing and case management markets as modernization continues across state and local governments.”
“This acquisition is about growth and seizing a strong market opportunity where we feel we can offer an enhanced solution,” said Ron Fauquher, Ontario Systems CEO. “Combining our people, products, and market strategies provides tremendous benefits to the markets we jointly and uniquely serve.”
Malcolm Little, a Principal at Arlington, added, “Ontario’s acquisition of JSI unlocks significant additional opportunity in the government software market, providing access to new states and municipalities while strengthening Ontario’s competitive positioning across its existing base of government customers.”
About Arlington Capital Partners
Arlington Capital Partners is a Washington, D.C.-area private equity firm that has managed $2.2 billion of committed capital via four investment funds. Arlington is focused on middle market investment opportunities in growth industries, including: healthcare, government services and technology, aerospace/defense, and business services and software. The firm’s professionals and network have a unique combination of operating and private equity experience that enable Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their Company’s position as leading competitors in their field.
www.arlingtoncap.com
About Ontario Systems
Ontario Systems, LLC is a leading provider of enterprise revenue cycle management software to the healthcare, accounts receivable management, and government markets. Established in 1980 and headquartered in Muncie, Ind., Ontario Systems offers a full portfolio of leading software platforms, including Artiva RM™, Artiva HCx™, Contact Savvy®, and RevQ®. Ontario Systems’ industry-leading customers include 5 of the 15 largest hospital networks who actively manage over $40 billion in receivables collectively, as well as 8 of the 10 largest ARM companies and more than a hundred federal, state and municipal government clients in the U.S.
https://www.ontariosystems.com/
Source: https://www.pehub.com/2018/05/pe-backed-ontario-systems-buys-justice-systems/
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