M&A Deal Summary

Intuit Acquires Mint.com

On November 2, 2009, Intuit acquired internet software and services company Mint.com for 170M USD

Acquisition Highlights
  • This is Intuit’s 11th transaction in the Internet Software and Services sector.
  • This is Intuit’s 13th largest (disclosed) transaction.
  • This is Intuit’s 30th transaction in the United States.
  • This is Intuit’s 14th transaction in California.

M&A Deal Summary

Date 2009-11-02
Target Mint.com
Sector Internet Software and Services
Buyer(s) Intuit
Deal Type Add-on Acquisition
Deal Value 170M USD

Target

Mint.com

Mountain View, California, United States
Mint.com is an online personal finance service, providing users with tools to help manage their money. Mint.com was formed in 2007.

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Buyer(S) 1

Buyer

Intuit

Mountain View, California, United States

Category Company
Founded 1983
Sector Software
Employees18,800
Revenue 16.3B USD (2024)
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 30 of 55
Sector: Internet Software and Services M&A 11 of 25
Type: Add-on Acquisition M&A Deals 26 of 51
State: California M&A 14 of 25
Country: United States M&A 30 of 49
Year: 2009 M&A 3 of 3
Size (of disclosed) 13 of 29
PREVIOUS 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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-22 MRI Software

Solon, Ohio, United States

MRI Software is a provider of real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. MRI develops lasting client relationships based on nearly five decades of expertise and insight. MRI Software was founded in 1971 and is based in Solon, Ohio.

Sell $128M