WebNov 24, 2024 · About Drake Software For more than 40 years, Drake has provided tax professionals with fast, reliable software to run successful tax practices and serve their … WebNov 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.
Cinven to acquire TaxAct - Yahoo
WebNov 1, 2024 · Drake Software, a private company founded in 1977, provides software solutions to more than 70,000 tax and accounting firms that file more than 40 million tax … WebFounded in 1977, Cinven became independent from the British Coal pension schemes in 1995 and raised its first independent fund in 1996. Next Our investor base We manage capital on behalf of more than 200 investors globally. Investor by Type Public pension fund 53% SWF 12% Endowment & others 11% Insurance 10% Family office 5% Fund of … slushious car from home
Private Equity Firm Cinven to Invest in Drake Software
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. WebThe software is pretty intuitive and easy to figure out. Pricing went up last year, but it’s still competitive from what I can tell. Like others have said though, Drake was purchased by a big firm so things may or may not change in the future. ... Just to let you know, Drake was bought out by PE group Cinven from the UK. Expect astronomical ... WebFeb 5, 2024 · Drake Software is a provider of tax preparation software to professionals and individuals. The Company provides the tools and resources that tax professionals need … slushious home