M&A Deal Summary

Sovos Compliance Acquires Imaging Science and Services

On May 26, 2015, Sovos Compliance acquired internet software and services company Imaging Science and Services

Acquisition Highlights
  • This is Sovos Compliance’s 2nd transaction in the Internet Software and Services sector.
  • This is Sovos Compliance’s 4th transaction in the United States.
  • This is Sovos Compliance’s 1st transaction in Ohio.

M&A Deal Summary

Date 2015-05-26
Target Imaging Science and Services
Sector Internet Software and Services
Buyer(s) Sovos Compliance
Deal Type Add-on Acquisition

Target

Imaging Science and Services

Hudson, Ohio, United States
Imaging Science and Services delivers cloud-hosted document governance, risk management and compliance solutions.

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Buyer(S) 1

Buyer

Sovos Compliance

Wilmington, Massachusetts, United States

Category Company
Founded 1979
Sector Software
DESCRIPTION

Sovos Compliance is a provider of software that safeguards businesses from the burden and risk of modern transactional taxes. Combining the trusted industry expertise and global research capabilities of Convey, Taxware, and VAT Resource, the company enables over 3,000 clients to operate with the confidence to efficiently navigate today’s dynamic regulatory environment. Sovos Compliance was founded in 1979 and is based in Wilmington, Massachusetts.


DEAL STATS #
Overall 5 of 20
Sector (Internet Software and Services) 2 of 4
Type (Add-on Acquisition) 3 of 18
State (Ohio) 1 of 1
Country (United States) 4 of 8
Year (2015) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-02 ShipCompliant

Boulder, Colorado, United States

ShipCompliant is a provider in creating SaaS compliance and transaction platforms for the beverage alcohol industry. ShipCompliant makes products people use and love, reducing time to market and enabling new sales channels for wineries, breweries, distilleries, and importers of beverage alcohol products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-02 WineDirect

Napa, California, United States

WineDirect, Inc. is a provider of online selling platform to wine industry. WineDirect, Inc. was established in 2002 and is based in Napa, California.

Buy -