Announced
Completed
Financials
Tags
Domestic
Completed
Private
Minority
tax software
Private Equity
Single Bidder
tax solutions
tax information
Software
Friendly
United States
Acquisition
Synopsis
Private equity firms TA Associates and HG Capital, completed the investment in Sovos, a tax software services provider. Financial terms were not disclosed. “Hg’s new investment in Sovos is a sign of their confidence in our market, our position and our unique ability to deliver a complete solution for modern tax, including tax determination, continuous transaction control compliance and tax reporting, With the renewed support from Hg and the additional backing of TA Associates, Sovos is ready for the next stage of growth at a crucial time, as the digital transformation of government, technology and business converge,” Andy Hovancik, Sovos CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.