Financial ServicesCompany
Avantax M&A Summary
Avantax has acquired 20 companies of its own, including 6 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 3 assets.
Avantax’s largest acquisition to date was in 2015, when it acquired H.D. Vest for $580M. It’s largest disclosed sale occurred in 2022, when it sold TaxACT to Taxwell for $720M. Avantax has acquired in 9 different US states, and 4 countries. The Company’s most targeted sectors include internet software and services (32%) and financial services (27%).
Avantax Ownership
Who owns Avantax?
Avantax is owned by Cetera Financial Group. It was acquired on September 11, 2023.
Avantax Business Overview
Where is Avantax headquartered?
Avantax is headquartered in Coppell, Texas.
What is Avantax’s revenue?
Avantax disclosed revenue of 666M USD for 2022 and 885M USD for 2021.
How many employees does Avantax have?
Avantax has 727 employees.
What sector is Avantax in?
Avantax is a financial services company.
When was Avantax founded?
Avantax was founded in 1983.
M&A Summary
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M&A Total Activity22
- M&A Buy Activity19
- M&A Sell Activity3
- Total Sectors Invested 6
- Total Countries Invested 4
- M&A Buy/Sell Connections 8
- M&A Advisors 3
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