Tax Systems, a London, UK-based tax compliance software supplier, acquired Tax Model, a Dutch company specialising in tax technology.
The amount of the deal was not disclosed.
With the acquisition, Tax Systems will add new capabilities to its software portfolio and boosts presence across 25 additional countries.
Founded by Hank Moonen, TaxModel is a provider of standardised international tax compliance technology for multinationals and intermediaries worldwide. It provides SaaS solutions developed for tax professionals to accelerate tax workstreams, increase transparency, and work. The company has more than 300 clients in over 25 countries, including top accounting firms and multinationals from a variety of sectors.
Led by Bruce Martin, CEO, Tax Systems is a provider of tax compliance software in the UK & Ireland. Its technology enables customers to create better opportunities and generate insights from their tax function while also mitigating risk. Tax Systems is a portfolio company of Bowmark Capital, a private equity investment firm specialising in technology, data and services companies.
FinSMEs
11/12/2023