Aatrix Software Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Aatrix Software Inc. - overview
Established
1986
Location
Grand Forks, ND, US
Primary Industry
Software
About
Based in North Dakota, US, and founded in 1986 by founder Steve Lunseth, Aatrix Software Inc. is a provider of a platform specialising in simplifying year-end payroll reporting for businesses, offering comprehensive solutions for W-2s, 1099s, and ACA (1095) filings. In January 2024, Sovos Compliance, LLC, a portfolio company of Hg and TA Associates, acquired Aatrix Software, Inc. Aatrix's flagship product, the AATRIX W-2/1099 Complete eFile Service, provides an intuitive and affordable platform for businesses to complete all year-end filings conveniently from their offices or virtual spaces.
The process involves downloading the free W2/1099 software, uploading or entering data, and then reviewing or editing before clicking "eFile. The service includes printing and mailing employee/recipient copies the next business day, e-filing all required state and federal copies, and ensuring compliance with each taxing authority. The January 2024 acquisition will enable Aatrix Software Inc. to enhance compliance mandates and provide convenient access to tools.
Current Investors
Sovos Compliance, LLC
Primary Industry
Software
Sub Industries
e-Financial, Internet, Accounting/Finance Software
Website
www.aatrix.com
Verticals
Cloud Computing, FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Aatrix Software Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Aatrix Software Inc. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.