Sovos Compliance - M&A Summary, Ownership, and Business Overview

SoftwareCompany

Sovos Compliance M&A Summary

Sovos Compliance has acquired 20 companies of its own, including 10 in the last 5 years. A total of 2 acquisitions came from private equity firms.

Sovos Compliance has acquired in 8 different US states, and 9 countries. The Company’s most targeted sectors include business services (35%) and software (25%).

Sovos Compliance Ownership

Who owns Sovos Compliance?

Sovos Compliance is owned by HgCapital, Ontario Teachers Pension Plan and TA Associates. It was acquired on January 19, 2016.

Is Sovos Compliance PE-backed?

Yes. Sovos Compliance is owned by private equity investors HgCapital, Ontario Teachers Pension Plan and TA Associates.

Was Sovos Compliance formerly PE-backed?

Yes. Sovos Compliance was formerly owned by 1 private investor.

Sovos Compliance Business Overview

Where is Sovos Compliance headquartered?

Sovos Compliance is headquartered in Wilmington, Massachusetts.

What sector is Sovos Compliance in?

Sovos Compliance is a software company.

M&A Summary

  • M&A Total Activity20
    • M&A Buy Activity20
  • Total Sectors Invested 4
  • Total Countries Invested 9
  • M&A Buy/Sell Connections 2
  • M&A Advisors 7

Sovos Compliance

Sovos Compliance LLC

200 Ballardvale Street, 4th Floor,
Wilmington, Massachusetts 01887
United States,
(866) 890-3970
www.sovos.com

Sovos Compliance is a provider of software that safeguards businesses from the burden and risk of modern transactional taxes. Combining the trusted industry expertise and global research capabilities of Convey, Taxware, and VAT Resource, the company enables over 3,000 clients to operate with the confidence to efficiently navigate today’s dynamic regulatory environment. Sovos Compliance is based in Wilmington, Massachusetts.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.8/yr) # 11 2 6 - - 1 20
Sell (0.0/yr) # - - - - - - 0
  20

Most Recent M&A

Company Date Value Type
Aatrix Software, Inc. 2024-01-11 - Add-on Acquisition
Grand Forks, North Dakota · www.aatrix.com
TLI Consulting GmBH 2021-12-06 - Add-on Acquisition
Berlin, Germany · www.tligroup.eu
Digital Planet TR 2021-10-20 - Add-on Acquisition
Istanbul, Turkey · www.digitalplanet.com.tr
PetaPilot S.A. 2021-07-07 - Add-on Acquisition
Porto, Portugal · www.petapilot.com
Saphety Level - Trusted Services S.A. 2021-07-07 - Add-on Acquisition
Lisbon, Portugal · www.saphety.com
Stupendo 2021-06-29 - Add-on Acquisition
Quito, Ecuador · www.stupendo.com
Acepta 2021-05-03 - Add-on Acquisition
Santiago, Chile · www.acepta.com
The Keane Organization, Inc. 2020-07-23 - Add-on Acquisition
New York, New York · www.keaneunclaimedproperty.com
Accordance Technical Services Ltd. 2020-07-07 - Add-on Acquisition
Brighton, United Kingdom · www.accordancevat.com
Foriba 2019-05-29 - Add-on Acquisition
Istanbul, Turkey · www.foriba.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
WineDirect, Inc. 2015-09-02 WineDirect - ERP business 2015-10-16 1
Napa, California · www.winedirect.com , United States

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 7 (35%) - - -
Software 5 (25%) - - -
Information Technology 4 (20%) - - -
Internet Software and Services 4 (20%) - - -
Total 20 - - -

By Geo

State/Country Buy Value Sell Value
United States 8 - - -
  Ohio 1 - - -
  North Dakota 1 - - -
  New York 1 - - -
  New Hampshire 1 - - -
  Minnesota 1 - - -
  Georgia 1 - - -
  Colorado 1 - - -
  California 1 - - -
Chile 2 - - -
Portugal 2 - - -
Turkey 2 - - -
United Kingdom 2 - - -
Ecuador 1 - - -
Germany 1 - - -
Netherlands 1 - - -
Sweden 1 - - -
Domestic 8 (40%) - - -
Cross-border 12 (60%) - - -
Total 20 - - -

Top M&A Advisors

Financial Deals
Ernst & Young Capital Advisors LLC
5
Deloitte
1
Legal Deals
Burness Paull
3
Gomez-Acebo & Pombo Abogados
2
Claro & Cia
2

M&A Connections

Deals
Acquired from
Investor(s)
10%
2 (10%)

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