Sovos completed the acquisition of Taxweb.

Sovos, a global tax software provider, completed the acquisition of Taxweb, a provider of tax determination software for enterprises operating in Brazil. Financial terms were not disclosed. “Taxweb is a leader in a mature tax regime that is among the world’s most complex, and it has strong partnerships with well-known ERP and point-of-sale providers, as well as top accounting firms. That ecosystem will help speed immediate value to our combined customer base,” John Gledhill, Sovos Vice President of Corporate Development.