Petapilot, S.A.
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Petapilot, S.A. - overview
Established
2014
Location
Porto, -, Portugal
Primary Industry
Software
About
Based in Porto, Portugal, and established in 2014, Petapilot, S. A. engages in providing cloud-based accounting solutions to governments and tax authorities as well as private companies that include financial institutions and consultancy companies. As of 2021, Valter Pinho is the company's chief executive officer (CEO).
In July 2021, Petapilot, S. A. was acquired by Sovos Compliance, LLC. The company offers col.
bi, an integrated data analytics tool for digital audit and tax compliance that analyzes all of the company’s transactions contained in the standard audit file for tax purposes (SAF-T) files and enterprise resource planning (ERP) systems as well as tax filings prior to the submission to the tax authority. Following the acquisition in July 2021, Petapilot, S. A. will partner with Sovos Compliance, LLC to extend the capabilities of its new advanced periodic reporting cloud platform and to expand Sovos Compliance, LLC's public sector invoice compliance and e-accounting functionality in Europe.
Current Investors
Sovos Compliance, LLC
Primary Industry
Software
Sub Industries
e-Financial, Accounting Services, Accounting/Finance Software
Website
www.petapilot.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Petapilot, S.A. - 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 | Petapilot, S.A. | - |
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