M&A Deal Summary

Taxually Acquires LumaTax

On April 12, 2023, Taxually acquired software company LumaTax

Acquisition Highlights
  • This is Taxually’s 1st transaction in the Software sector.
  • This is Taxually’s 1st transaction in the United States.
  • This is Taxually’s 1st transaction in Washington.

M&A Deal Summary

Date 2023-04-12
Target LumaTax
Sector Software
Buyer(s) Taxually
Deal Type Add-on Acquisition

Target

LumaTax

Seattle, Washington, United States
LumaTax is an software platform that helps accounting firms and businesses identify, mitigate, and remedy sales tax exposure easily. LumaTax was founded in 2016 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Taxually

Budapest, Hungary

Category Company
Founded 2018
Sector Information Technology
DESCRIPTION

Taxually delivers VAT compliance solutions that cater for all business types, from online retailers to those with complex tax requirements. Taxually was founded in 2018 and is based in Budapest, Hungary.


DEAL STATS #
Overall 1 of 1
Sector: Software 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: 2023 M&A 1 of 1