Houlihan Lokey Advises Tracker Corp

Houlihan Lokey is pleased to announce that Tracker Corp has been acquired by Mitratech, a portfolio company of HG Capital and TA Associates. The transaction closed on July 31, 2020.

Tracker Corp, based in San Francisco, California, is a leading provider of I-9 compliance and immigration case management (IMS) software to corporations and law firms. Tracker’s I-9 Complete solution simplifies the process of filling out electronic form I-9s, and its I-9 Resolve solution enables the digitization and remediation of past paper I-9s to ensure end-to-end compliance. Tracker is the only company that has maintained a perfect track record of zero client fines. Tracker’s IMS product enables its enterprise clients to streamline and automate immigration case management workflows. Tracker is a pioneer in the industry and is the recipient of numerous industry accolades, including the TekTonic Award for top solutions shaping the future of HR.

Mitratech, based in Austin, Texas, is a leading global provider of legal and compliance software and is a proven partner for corporate legal, risk and compliance, and HR professionals seeking to maximize productivity, control expense, and mitigate risk by deepening operational alignment, increasing visibility, and spurring collaboration across their organization.

The acquisition will equip Mitratech to help organizations overcome the challenges of increased government scrutiny, remote workforces, inefficient immigration management, and painful and costly manual staffing processes. Tracker supports Mitratech’s mission to provide legal and compliance solutions to mitigate risk across organizations.

Houlihan Lokey served as the exclusive financial advisor to Tracker Corp and assisted in structuring and negotiating the transaction on its behalf.