STG Allegro to invest in TaxCalc.

STG Allegro, a private equity firm, agreed to invest in TaxCalc, a provider of tax and accounts compliance and practice management software for UK accounting firms. Financial terms were not disclosed. “The pace of innovation coming out of TaxCalc reflects their commitment to their customers, as well as their ability to understand the needs of the accounting firms. We have been impressed by TaxCalc’s focus on providing high quality, reliable software at great value. We look forward to partnering with the TaxCalc management team to continue delivering best-in-class software, product innovation and support to their highly valued accounting firm customers,” Umang Kajaria, STG Allegro Managing Director.