August 6, 2014
The Edina, MN-based firm, Renovo Software was acquired by Global Tel*Link after a two year partnership in corrections technologies. The deal was announced in July of 2014 and closed July 31st.
Renovo Software is the leading provider of inmate visitation solutions and video conference scheduling systems for a wide range of markets. Global Tel*Link, or GTL, provides inmate phone and offender management services to over 2,100 facilites and 1.1 million inmates in all 50 states across the nation.
The MSP Business Journal covered Renovo's growth in the corrections market in 2008 when their customer base grew from 1 to 18 correctional facilities in a period of just 18 months. The company's growth has continued, and at the time of the sale, Renovo's inmate visitation customer base had expanded to over 135 correctional facilities including some of the largest facilities in the country.
GTL will continue to develop and support Renovo's VisManager™ and Video Scheduler™ platforms as former Renovo co-owners Tim Eickhoff and Tim Skaja take on new roles within GTL.
Read more at bizjournals.com