Track Group signs $22M multi-year contract with Marion County for GPS/alcohol monitoring

Track Group, Inc.

Multi-year contract valued at approximately $22M for GPS and alcohol monitoring products and services.
Marion County Community Corrections board approved and signed the agreement on March 11, 2024.
Track Group has provided monitoring services to Marion County since 2008.
CEO Derek Cassell cited the contract as a significant milestone and reaffirmation of partnership.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Track Group, Inc. entered into Sales, Licensing, Maintenance, and Services Agreement with Marion County Community Corrections Agency (effective 2024-03-11).

Action: entry
Agreement: supply
Counterparty: Marion County Community Corrections Agency
Effective: 2024-03-11

Exact text from the filing

Track Group, Inc. (the “ Company ”) entered into a new multi-year Sales, Licensing, Maintenance, and Services Agreement (the “ Agreement ”) with Marion County Community Corrections Agency, by and through the Marion County Community Corrections Board (collectively, “ Marion County ”)

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Track Group, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-008077

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