Cinven investment in drake software
WebNov 24, 2024 · “We are partnering with Cinven in order to accelerate our growth, while still remaining anchored in Western North Carolina,” said Drake. “This partnership is going to … WebNov 14, 2024 · Its new partner, Drake Software, has been a go-to provider of professional tax preparation software for tax offices and accountants across the United States. Cinven made an undisclosed investment into Drake in 2024 to promote its growth, and this new deal is the apparent next step.
Cinven investment in drake software
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WebCinven’s Post Cinven 41,895 followers 1y Report this post Report Report. Back ... WebNov 2, 2024 · Cinven has agreed to acquire American digital tax filing assistance software and services company TaxAct in a deal worth around $720m. Upon closing the transaction, the UK-based private equity firm will combine TaxAct’s business with Drake Software, which is another tax preparation software company.
WebInvestment Management Liability Risk Management LIBOR Transition Life Sciences Licensing, Collaborations & Joint Ventures Litigation Mergers & Acquisitions Multidisciplinary Crisis Management Natural Resources Private Client Private Equity Private Funds Real Estate Investments & Transactions Registered Funds Risk Management WebNov 1, 2024 · Cinven made its significant investment in Drake in 2024 to support the next stage of the company’s growth. Drake Software offers comprehensive tax preparation software, servicing more than 70,000 tax offices throughout the U.S. Dom Morea will remain president and chief executive officer of Drake Software and Curtis Campbell will …
Cinven is a private equity firm based in London. Some of the recent acquisitions include: • Avio – In August 2006, Cinven purchased Avio from Carlyle and Finmeccanica for an enterprise value of $2.6 billion. • Spire Healthcare (previously BUPA Hospitals) – In June 2007, BUPA announced that it had agreed to sell its hospitals business, comprising 25 hospitals, to Cinven for $1.44 billion ($2.8 billion/$2.13 billion). Spire has since acquired the Classics Hospital Group fo… WebFeb 5, 2024 · Buyout firm Cinven Ltd. will make a significant investment in Drake Software, subject to antitrust approvals. The Franklin, N.C.-headquartered professional …
Web6 hours ago · Drake Bell, who is popularly known for his work in Nickelodeon's 'Drake & Josh', has been finally found to be safe and sound, after he was reported "missing and endangered." ... Infosys forecast its slowest revenue growth in six years of 4-7% for fiscal year 2024 as India’s second-largest software exporter flagged “ramp-downs” of client ...
WebJan 6, 2024 · “Since investing in Drake in 2024, Cinven has set out to support the Company’s growth plans, including expanding its presence in the professional tax preparation market, renewing its technology platform … alenzWebNov 1, 2024 · Cinven Drake Software Mergers and Acquisitions TaxACT Social The US government ramps up its pressure campaign against TikTok Taylor Hatmaker 3:55 PM PDT • March 16, 2024 alenza 26WebExcited to share that Cinven, who originally invested in Drake Software in 2024, announced an agreement today to acquire @TaxAct. Cinven will … alenya recliner charcoalWeb1 day ago · "Cinven has a strong track record of driving value in software businesses and they are the ideal partner to support Archer's next phase of growth. This partnership with Cinven will allow us to capitalize on significant growth opportunities both organically and through strategic acquisitions and further accelerate our leading position to the ... alenz7958 gmail.comWeb1 day ago · Cinven. Apr 13, 2024, 07:00 ET. Acquisition to create a global leader in governance, risk and compliance technology solutions. LONDON, April 13, 2024 /PRNewswire/ -- International private equity ... alenz\u0026coWebFeb 11, 2024 · Drake Software takes on outside investor ‘to accelerate growth’. One of Franklin’s largest businesses is making significant business moves this week as the international private equity firm, Cinven, … alenz suite apartmentsWebSep 9, 2024 · The investment also builds on Cinven’s TMT investments in software businesses with financial services offerings including Drake Software, a leading provider of tax preparation software, and Visma, a provider of software for accounting, tax and payroll applications. The transaction is subject to customary anti-trust and regulatory approvals. alenya quartz sofa set