M&A Deal Summary

Bloomberg Tax & Accounting Acquires Tax Prodigy

On August 3, 2021, Bloomberg Tax & Accounting acquired internet software and services company Tax Prodigy

Acquisition Highlights
  • This is Bloomberg Tax & Accounting’s 1st transaction in the Internet Software and Services sector.
  • This is Bloomberg Tax & Accounting’s 1st transaction in the United States.
  • This is Bloomberg Tax & Accounting’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2021-08-03
Target Tax Prodigy
Sector Internet Software and Services
Buyer(s) Bloomberg Tax & Accounting
Deal Type Add-on Acquisition

Target

Tax Prodigy

Minneapolis, Minnesota, United States
Tax Prodigy is a SaaS company dedicated to providing tax professionals solutions that will allow them to spend more time thinking and working through tax issues more efficiently. The Tax Prodigy team is made up of tax and technology professionals with years of experience. Tax Prodigy was established in 2012 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Bloomberg Tax & Accounting

Arlington, Virginia, United States

Category Company
Sector Information Services
DESCRIPTION

Bloomberg Tax & Accounting provides practitioner-driven research and technology solutions that deliver timely, strategic insights to enable smarter decisions. From our unparalleled Tax Management Portfolios to technology designed to streamline the most complex planning and compliance scenarios, we deliver essential news and analysis, practical perspectives, and software that help tax and accounting professionals around the globe mitigate risk and maximize business results. Bloomberg Tax & Accounting is based in Arlington, Virginia.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1