Add-on Acquisition • Software

Stripe Acquires TaxJar

On April 27, 2021, Stripe acquired software company TaxJar

Acquisition Context
  • This is Stripe’s 2nd transaction in the Software sector.
  • This is Stripe’s 7th transaction in the United States.
  • This is Stripe’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date April 27, 2021
Target TaxJar
Sector Software
Buyer(s) Stripe
Deal Type Add-on Acquisition

Target Company

TaxJar

Boston, Massachusetts, United States
TaxJar is a provider of a cloud-based suite of tax services, which can be used to automatically calculate, report, and file sales taxes. TaxJar was founded in 2013 and is based in Boston, Massachusetts.
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Buyer Overview 1

Buyer

Stripe

South San Francisco, California, United States

Category Company
Founded 2010
Sector Financial Services
DESCRIPTION

Stripe is a web and mobile payment platform that allows individuals and businesses to accept online payments. It processes large-scale transactions globally, supporting innovative businesses in growing and managing their payments infrastructure. Stripe was founded in 2010 and is based in South San Francisco, California.


Deal Context for Buyer #
Overall 8 of 11
Sector: Software 2 of 3
Type: Add-on Acquisition 8 of 11
State: Massachusetts 1 of 1
Country: United States 7 of 10
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-08 Index

San Francisco, California, United States

Index, Inc. is a point-of-sale software developer. Index provides software for in-store payments systems, like the PIN pads that you probably already use to pay with a debit or credit card at your local target or pharmacy. Index, Inc. was founded in 2012 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-26 Lemon Squeezy

Salt Lake City, Utah, United States

Lemon Squeezy is an all-in-one payments, tax, email and affiliate marketing platform for software companies. Lemon Squeezy was formed in 2020 and is based in Salt Lake City, Utah.

Buy -