M&A Deal Summary

K1X Acquires Crowe - Tax Technology Solutions

On June 29, 2022, K1X acquired business services company Crowe - Tax Technology Solutions from Crowe

Acquisition Highlights
  • This is K1X’s 1st transaction in the Business Services sector.
  • This is K1X’s 1st transaction in the United States.
  • This is K1X’s 1st transaction in Illinois.

M&A Deal Summary

Date 2022-06-29
Target Crowe - Tax Technology Solutions
Sector Business Services
Buyer(s) K1X
Sellers(s) Crowe
Deal Type Divestiture

Target

Crowe - Tax Technology Solutions

Chicago, Illinois, United States
Crowe's Tax Technology Solutions include the C-TRAC suite, K-1 Analyzer, and K-1 Navigator. Crowe's Tax Technology Solutions are based in Chicago, Illinois.

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Buyer(S) 1

Buyer

K1X

Chicago, Illinois, United States

Category Company
Sector Software
DESCRIPTION

K1X operates a suite of products responsible for programming the C-TRAC, K-1 Analyzer, and K-1 Navigator products. K1X is based in Chicago, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

Crowe

Chicago, Illinois, United States

Category Company
Founded 1942
Sector Business Services
DESCRIPTION

Crowe is a public accounting, consulting and technology firm. Crowe was founded in 1942 and is based in Chicago, Illinois.


DEAL STATS #
Overall 2 of 4
Sector: Business Services M&A 1 of 3
Type: Divestiture M&A Deals 2 of 4
State: Illinois M&A 2 of 4
Country: United States M&A 2 of 4
Year: 2022 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-03 Crowe Lease Accounting Optimizer

Chicago, Illinois, United States

Crowe Lease Accounting Optimizer is a provider of lease accounting for NetSuite users. Crowe Lease Accounting Optimizer is based in Chicago, Illinois.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-21 Crowe - Managed Detection and Response Platform

Chicago, Illinois, United States

Crowe's Managed Detection and Response Platform focuses on customized solutions to strengthen, enhance, and build mature data security programs for its clients. Crowe's Managed Detection and Response Platform is based in Chicago, Illinois.

Sell -