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  6. TaxACT Acquires Balance Financial

M&A Deal Summary

TaxACT Acquires Balance Financial

On October 7, 2013, TaxACT acquired business services company Balance Financial

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

M&A Deal Summary
Date 2013-10-07
Target Balance Financial
Sector Business Services
Buyer(s) TaxACT
Deal Type Add-on Acquisition

Target

Balance Financial

Bellevue, Washington, United States
Balance makes web and mobile based software for professionals.

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Buyer(S) 1

Buyer

TaxACT

Dallas, Texas, United States
Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

TaxACT provides online tax preparation software and electronic filing services. TaxACT is available via the internet to individual taxpayers and paid preparers as online tax preparation programs or as downloadable desktop software. TaxACT was founded in 1998 and is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
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