M&A Deal Summary

CCH Acquires TaxWise

On September 4, 2006, CCH acquired business services company TaxWise

Acquisition Highlights
  • This is CCH’s 1st transaction in the Business Services sector.
  • This is CCH’s 2nd transaction in the United States.
  • This is CCH’s 1st transaction in Georgia.

M&A Deal Summary

Date 2006-09-04
Target TaxWise
Sector Business Services
Buyer(s) CCH
Deal Type Add-on Acquisition

Target

TaxWise

Rome, Georgia, United States
TaxWise Corp. is a provider of tax and accounting software solutions to more than 9,300 CPAs, accounting professionals, enrolled agents and tax preparers across the U.S.

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Buyer(S) 1

Buyer

CCH

Riverwoods, Illinois, United States

Category Company
Founded 1913
Sector Software
DESCRIPTION

CCH (Commerce Clearing House) is a provider of tax and business law information and software solutions.


DEAL STATS #
Overall 2 of 3
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Georgia) 1 of 2
Country (United States) 2 of 3
Year (2006) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-30 ATX/Kleinrock

Rockville, Maryland, United States

ATX/Kleinrock supplies tax preparation, accounting and tax research software solutions to more than 48,000 tax professionals and CPAs throughout the U.S.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-11 Universal Tax Systems

Kennesaw, Georgia, United States

Universal Tax Systems, Inc. is a professional tax software industry for the past 24 years. The company offers a full range of tax compliance, accounting and practice management software programs and services for the tax and accounting professional.

Buy -