M&A Deal Summary

CrossLink Professional Tax Solutions Acquires uTax Software

On July 7, 2023, CrossLink Professional Tax Solutions acquired internet software and services company uTax Software

Acquisition Highlights
  • This is CrossLink Professional Tax Solutions’ 1st transaction in the Internet Software and Services sector.
  • This is CrossLink Professional Tax Solutions’ 3rd transaction in the United States.
  • This is CrossLink Professional Tax Solutions’ 1st transaction in Texas.

M&A Deal Summary

Date 2023-07-07
Target uTax Software
Sector Internet Software and Services
Buyer(s) CrossLink Professional Tax Solutions
Deal Type Add-on Acquisition

Target

uTax Software

El Paso, Texas, United States
uTax Software is a provider of software, mobile app and support solutions for tax offices and service bureaus. uTax Software is based in El Paso, Texas.

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Buyer(S) 1

Buyer

CrossLink Professional Tax Solutions

Orlando, Florida, United States

Category Company
Sector Software
DESCRIPTION

CrossLink Professional Tax Solutions is a provider of software to professional tax preparers across the United States, generating revenue from software sales as well as ancillary fees for managing tax related bank products. CrossLink Professional Tax Solutions is based in Orlando, Florida.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Texas M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-05 CrossLink TaxPro Alliance

Greenville, South Carolina, United States

CrossLink TaxPro Alliance is a provider of tax solutions for professional tax. CrossLink TaxPro Alliance software is designed for the needs of today’s tax professionals. CrossLink TaxPro Alliance software includes Electronic Signature Pad Technology, Scan & Store Capability, Point-And-Shoot Error Correction, and Group Text Message functionality. CrossLink TaxPro Alliance is based in Greenville, South Carolina.

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