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New Deal


Announced

Bregal Sagemount to invest in SurePrep.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Private Equity

Software

Private

application software

Pending

Friendly

Single Bidder

Minority

Synopsis

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Bregal Sagemount, a growth-focused private capital firm, is set to invest in SurePrep, the provider of tax automation software and software-powered services to the professional tax return preparation market. Financial terms were not disclosed. “SurePrep has a large white space opportunity ahead of it. Its unique solutions drive meaningful value for accounting and wealth management firms, and we look forward to working with the SurePrep team on product and market growth initiatives,” Pavan Tripathi, Bregal Sagemount Principal.

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