A parent company of Corporation Service Company, a global business, legal and financial solutions provider, has signed a definitive agreement to acquire MLM Information Services, a corporate tax management and compliance solutions firm, from Warburg Pincus.
MLM Information Services’ wholly owned subsidiaries, Deerfield, IL-based Corptax Inc. and San Diego, CA-based Tax Compliance Inc., provide software, information, and services to corporate tax departments and professional services firms that enable them to comply with regulatory requirements and streamline their business processes.
Corptax delivers solutions for accurate tax accounting, preparation and reporting. TCI’s PTMS® platform is a tool for corporate property tax compliance automation.
Clients include Fortune 500 companies and businesses of all size.
According to Rodman Ward III, CSC president and CEO, the acquisition of MLM Information Services enhances their service capabilities and the solutions they offer to their clients.
Dave Shea, MLM Information Services CEO, added: “By joining forces, we will combine our respective strengths to build a global compliance framework that is positioned to respond to the needs of a growing and rapidly changing marketplace”.
Mason Slaine, chairman of MLM Information Services, said. “The business will build off the success of its partnership with Warburg Pincus and continue its growth trajectory as part of CSC”.