M&A Deal Summary

Intuit Acquires BooRah

On April 17, 2009, Intuit acquired internet software and services company BooRah

Acquisition Highlights
  • This is Intuit’s 9th transaction in the Internet Software and Services sector.
  • This is Intuit’s 28th transaction in the United States.
  • This is Intuit’s 12th transaction in California.

M&A Deal Summary
Date 2009-04-17
Target BooRah
Sector Internet Software and Services
Buyer(s) Intuit
Deal Type Add-on Acquisition

Target

BooRah

Mountain View, California, United States
website
BooRah helps diners find restaurants and restaurants find customers. Its search technology crawls the web helping consumers evaluate dining establishments. BooRah is a tiny company, with a handful of employees.

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Buyer(S) 1

Buyer

Intuit

Mountain View, California, United States

website

Category Company
Founded 1983
Sector Software
Employees17,300
Revenue 12.7B USD (2022)
DESCRIPTION
Intuit's corporate headquarters in Mountain View, California.
Intuit's corporate headquarters in Mountain View, California.

Intuit is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company's flagship products and services help customers solve business and financial management problems, such as running a small business, paying bills, filing income taxes, or managing personal finances. ProSeries and Lacerte are Intuit’s tax preparation offerings for professional accountants. Intuit's products and services are available in the United States, Canada, the United Kingdom, Australia, India and Singapore. Intuit was formed in 1983 and is based in Mountain View, California.

DEAL STATS #
Overall 28 of 55
Sector (Internet Software and Services) 9 of 25
Type (Add-on Acquisition) 24 of 51
State (California) 12 of 25
Country (United States) 28 of 49
Year (2009) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-29 Electronic Clearing House

Camarillo, California, United States

ECHO is a provider of electronic payment processing solutions, including check conversion, automated clearing house capabilities, or ACH, as well as check verification, guarantee services, collection, and debit card and credit card processing.

Buy $131M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-02 PayCycle

Palo Alto, California, United States

PayCycle, Inc. provides Online payroll solutions provider to small businesses and accountants.

Buy $170M
Mergr

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