Taxwell
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.
Taxwell - overview
Location
-, -, US
Primary Industry
Software
About
Based in the US, Taxwell, the merged entity between TaxACT, Inc. and Drake Software, LLC, operates as a provider of tax solutions to professionals and individuals. In November 2022, Cinven acquired TaxAct for USD 720 million. In November 2022, TaxACT, Inc.
agreed to merge with existing portfolio company Drake Software, LLC, of Cinven. Taxwell provides digital do-it-yourself (DIY) tax filing assistance, professional tax preparation software, and services.
Current Investors
Cinven
Primary Industry
Software
Sub Industries
Accounting/Finance Software
Total Amount Raised
Subscriber access only
Taxwell - 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, Corporate Carve Out | Completed | TaxACT, Inc. | - | ||||||||
| Add-on | Completed | Drake Software, LLC | - | ||||||||
| Company Formation | Completed | Taxwell | - |
Displaying 1 - 3 of 3
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.