M&A Deal Summary

Thomson Reuters Acquires TimeBase

On July 1, 2025, Thomson Reuters acquired information technology company TimeBase from FiscalNote for 7M USD

Acquisition Highlights
  • This is Thomson Reuters’ 13th transaction in the Information Technology sector.
  • This is Thomson Reuters’ 13th largest (disclosed) transaction.
  • This is Thomson Reuters’ 1st transaction in Australia.

M&A Deal Summary

Date 2025-07-01
Target TimeBase
Sector Information Technology
Buyer(s) Thomson Reuters
Sellers(s) FiscalNote
Deal Type Divestiture
Deal Value 7M USD

Target

TimeBase

Pyrmont, Australia
TimeBase is a provider of legislative research and tracking tools that help organizations understand and keep up to date with Australian legislation. TimeBase was founded in 1995 and is based in Pyrmont, Australia.

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Buyer(S) 1

Buyer

Thomson Reuters

Toronto, Ontario, Canada

Category Company
Founded 1851
Sector Information Services
Employees25,600
Revenue 7.3B USD (2024)
DESCRIPTION
Thomson Reuters' office in Eagan, Minnesota.
Thomson Reuters' office in Eagan, Minnesota.

Thomson Reuters is an information source for businesses and professionals, delivering information to decision-makers in the financial and risk, legal, tax and accounting, intellectual property, and science and media markets. Thomson Reuters was formed in 1851 and is headquartered in Toronto, Ontario.


DEAL STATS #
Overall 59 of 59
Sector: Information Technology M&A 13 of 13
Type: Divestiture M&A Deals 6 of 6
Country: Australia M&A 1 of 1
Year: 2025 M&A 2 of 2
Size (of disclosed) 13 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-02 SafeSend

Ann Arbor, Michigan, United States

SafeSend is a cloud-native provider of technology for tax and accounting professionals. The company automates the 'last-mile' of the tax return, including assembly, review, taxpayer e-signature, and delivery. Its software solves key pain points for customers and their clients by eliminating time-consuming manual tasks. SafeSend is based in Ann Arbor, Michigan.

Buy $600M

Seller(S) 1

SELLER

FiscalNote

Washington, District of Columbia, United States

Category Company
Founded 2013
Sector Information Services
Employees456
Revenue 120M USD (2024)
DESCRIPTION

FiscalNote is a technology and media company that provides information services and software that connects the world to their governments. As the premier hub of domestic and global government information, FiscalNote’s suite of software solutions offers customers and readers policy data, news, analysis and journalism. For organizations facing government impact, FiscalNote is the platform for professionals to plan and execute their organization’s government risk strategy. FiscalNote was founded in 2013 and is based in Washington DC.


DEAL STATS #
Overall 5 of 5
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 4 of 4
Country: Australia M&A 1 of 1
Year: 2025 M&A 3 of 3
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-24 Dragonfly Eye

London, United Kingdom

Dragonfly Eye is a geopolitical and security intelligence provider of actionable data and analysis delivered through Dragonfly’s SaaS-based, proprietary Security Intelligence and Analysis Service (SIAS) subscription platform and API. Dragonfly Eye was founded in 2021 and is based in London, England.

Sell -