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  6. TaxBit Acquires Tactic

M&A Deal Summary

TaxBit Acquires Tactic

On January 17, 2023, TaxBit acquired software company Tactic

Acquisition Highlights
  • This is TaxBit’s 1st transaction in the Software sector.
  • This is TaxBit’s 1st transaction in the United States.
  • This is TaxBit’s 1st transaction in New York.

M&A Deal Summary
Date 2023-01-17
Target Tactic
Sector Software
Buyer(s) TaxBit
Deal Type Add-on Acquisition

Target

Tactic

New York, New York, United States
Tactic is a digital asset financial accounting platform that offers a streamlined accounting sub-ledger to save businesses hundreds of hours on critical digital asset management and reporting. The company provides accounting automation tools, seamless integration with other financial software products, and increased visibility to reduce crypto accounting processes by as much as 75%. Tactic is based in New York, New York.

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Buyer(S) 1

Buyer

TaxBit

Draper, Utah, United States
Category Company
Sector Software
DESCRIPTION

TaxBit is a tax and accounting solution for the digital asset economy. The company's platform serves the industry's top exchanges, institutional investors, governments, and individuals. It is SOC 1, Type 1, SOC 2, Type 2 attestation, and ISO 27001 certified. TaxBit has offices in Salt Lake City, San Francisco, Seattle, New York, and Washington D.C.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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