M&A Deal Summary

Wolters Kluwer Acquires Tagetik Software Srl

On March 7, 2017, Wolters Kluwer acquired software company Tagetik Software Srl for 300M EUR

Acquisition Highlights
  • This is Wolters Kluwer’s 23rd transaction in the Software sector.
  • This is Wolters Kluwer’s largest (disclosed) transaction.
  • This is Wolters Kluwer’s 1st transaction in Italy.

M&A Deal Summary
Date 2017-03-07
Target Tagetik Software Srl
Sector Software
Buyer(s) Wolters Kluwer
Deal Type Add-on Acquisition
Deal Value 300M EUR

Target

Tagetik Software Srl

Lucca, Italy
Tagetik Software Srl is a global provider of corporate performance management software and services to mid- and large size corporations. Tagetik is a market leader in corporate performance management solutions, supporting the workflow of the Office of the CFO, including financial and operational budgeting and planning, consolidation and close process, financial modeling, analytics and reporting. Relied upon by nearly 1,000 corporate customers and 75,000 users in over 35 countries, Tagetik’s highly configurable, modular software suite seamlessly integrates with most ERP systems, including SAP, Oracle, and Microsoft. The solution can be deployed on-premise, in the cloud, or in a hybrid manner.

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Buyer(S) 1

Buyer

Wolters Kluwer

Alphen aan den Rijn, Netherlands
Category Company
Founded 1836
Sector Information Services
Employees21,127
Revenue 5.6B EUR (2023)
DESCRIPTION

Wolters Kluwer is a global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer was founded in 1836 and is based in Alphen aan den Rijn, the Netherlands.

DEAL STATS #
Overall 47 of 59
Sector (Software) 23 of 28
Type (Add-on Acquisition) 40 of 51
Country (Italy) 1 of 1
Year (2017) 1 of 2
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-07 Vcorp Services

Monsey, New York, United States

Vcorp Services LLC is a provider of registered agent, UCC and other corporate legal services. Vcorp Services, based in Monsey, New York and founded in 2003, is supported by 22 employees.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-01 Alpega

Diegem, Belgium

Alpega is a global logistics Software Company that offers end-to-end solutions that cover all transport needs, including Transport Management Services (TMS) and Freight Exchanges. The Transport Management Systems (TMS) software solutions, inet, Transwide, and TAS, connect companies to a broad network of logistics providers and digitize their complex supply chain management. The systems provide live visibility over incoming and outgoing logistics and seamlessly link truck drivers and logistics providers with shippers. Alpega is based in Diegem, Belgium.

Sell -
Mergr

Product

Company

Legal