Cinven investment in drake software
Web3 hours ago · London-based Cinven will acquire Archer from Clearlake Capital Group LP and Symphony Technology Group sometime in mid-2024, the companies said in a release. Founded in 2000, Archer has grown to ... WebFeb 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, …
Cinven investment in drake software
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WebFeb 8, 2024 · Cinven to back Drake Software. February 8, 2024. Cinven has agreed to invest in Drake Software, a North Carolina-based provider of tax preparation software. Established in 1977, Drake has more than 600 employees across North Carolina, Tennessee and Virginia. WebJun 1, 2024 · Cinven’s investment in think-cell builds on its successful track record in TMT, including the recent realisations of: Allegro, an online marketplace in Poland, listed on the Warsaw Stock Exchange in October 2024; Visma, a leading business solutions provider, in May 2024; Ufinet Group, a provider of fibre infrastructure and transmission services …
WebFeb 5, 2024 · Cinven has agreed to make a “significant” investment in Franklin, North Carolina-based Drake Software, a provider of software for tax preparers. No financial terms were disclosed.... 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.
WebNov 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 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 ...
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 …
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 … portsmouth exhaustWebNov 18, 2024 · This transaction represents Cinven’s third majority investment in a founder-owned business in 2024 following its investments in Drake Software, a leading provider of professional tax preparation software, and think-cell, a developer of leading productivity software for creating data-driven presentations in Microsoft PowerPoint . portsmouth evening news archiveWebFeb 5, 2024 · Ropes & Gray advised Cinven, an international private equity firm, in its agreement to make a significant investment in Drake Software, a provider of software for tax preparers.Financial details of the transaction were not disclosed. The deal was announced in a February 5 press release.. The team advising Cinven was led by private … portsmouth events calendarWebNov 1, 2024 · Cinven to Acquire TaxAct. November 1, 2024. Cinven will bring TaxAct and Drake Software, a Cinven portfolio company, together over time under a new holding … portsmouth europeWebNov 18, 2024 · This transaction represents Cinven’s third majority investment in a founder-owned business in 2024 following its investments in Drake Software, a leading provider of professional tax... opus inflatable tentWebInvestment team. We operate as one world-class team, collaborating across sectors, regions, disciplines and functions, with a single strategic purpose. Capital Markets team. Our Capital Markets team helps our … opus immo annecyWebExcited to share that Cinven, who originally invested in Drake Software in 2024, announced an agreement today to acquire @TaxAct. Cinven will … portsmouth evening news yesterday