Ardian to acquire a minority stake in Taxually.

Ardian, a private investment house, agreed to acquire a minority stake in Taxually, a company delivers VAT compliance solutions that cater for all business types, from online retailers to those with complex tax requirements. Financial terms were not disclosed. “We welcome the Ardian Growth team as our partner for the further development of our company. The excellent cultural fit between our teams and their deep understanding of our industry have been the key ingredients of our decision to broaden the shareholder base of Taxually with a financial sponsor. With Ardian we have a highly reputable growth investor on our side with a seasoned team and a clear commitment to support the ambitious targets we have set for ourselves,” Michael Glover, Taxually Co-Founder and Chairman.