.
MergerLinks Header Logo

New Deal


Announced

Completed

Thomson Reuters completed the acquisition of SurePrep from Bregal Sagemount for $500m.

Financials

Edit Data
Transaction Value£496m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

United States

Software

application software

Majority

Friendly

Acquisition

Single Bidder

Domestic

Completed

Synopsis

Edit

Thomson Reuters, a media publishing company, completed the acquisition of SurePrep, a tax automation software and services provider, from Bregal Sagemount, a private equity company, for $500m. "This transaction builds on our existing partnership/reseller arrangement to deliver our vision of end-to-end tax automation that solves our customers' biggest pain points. Additionally, Thomson Reuters has made it clear they are committed to maintaining SurePrep's ability to interoperate with multiple vendors across an open tax software ecosystem. We could not be more excited for what this combination brings to our team members, our customers, and the future of applied artificial intelligence," Dave Wyle, SurePrep CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US