M&A Deal Summary

Rightworks Acquires Tech 4 Accountants

On November 14, 2023, Rightworks acquired internet software and services company Tech 4 Accountants

Acquisition Highlights
  • This is Rightworks’ 1st transaction in the Internet Software and Services sector.
  • This is Rightworks’ 5th transaction in the United States.
  • This is Rightworks’ 1st transaction in Florida.

M&A Deal Summary

Date 2023-11-14
Target Tech 4 Accountants
Sector Internet Software and Services
Buyer(s) Rightworks
Deal Type Add-on Acquisition

Target

Tech 4 Accountants

Lake Worth, Florida, United States
Tech 4 Accountants is a security-focused managed service provider for accounting firms and small and medium-sized businesses. Tech 4 Accountants was founded in 2014 and is based in Lake Worth, Florida.

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Buyer(S) 1

Buyer

Rightworks

Hudson, New Hampshire, United States

Category Company
Founded 2002
Sector Internet Software and Services
DESCRIPTION

Rightworks is a provider of cloud solutions to accountants and small and medium-sized businesses. Rightworks' cloud platform is built with advanced virtualization technology deployed on enterprise-class infrastructure and effectively enables SMB end-users to connect, share and collaborate in the cloud with any time, anywhere access to applications, files, and data. Rightworks was founded in 2002 and is based in Hudson, New Hampshire.


DEAL STATS #
Overall 5 of 6
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 5 of 6
State (Florida) 1 of 1
Country (United States) 5 of 6
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-07 Rootworks

Bloomington, Indiana, United States

Rootworks LLC is an accounting firm provides services to small to mid-sized accounting firms with the tools, resources, and guidance required to create a high-performing, proactive Modern Firm. Rootworks is based in Bloomington, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-26 Practice Protect

Denver, Colorado, United States

Practice Protect is a cybersecurity platform, that gives firms complete control and peace of mind when working with client data and passwords through enterprise level automation, application security and human-powered support. Practice Protect is based in Denver, Colorado.

Buy -