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

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.