Cinven investment in drake software
WebSep 9, 2024 · The investment also builds on Cinven’s TMT investments in software businesses with financial services offerings including Drake Software, a leading provider of tax preparation software, and Visma, a provider of software for accounting, tax and payroll applications. The transaction is subject to customary anti-trust and regulatory approvals. WebJan 6, 2024 · “Since investing in Drake in 2024, Cinven has set out to support the Company’s growth plans, including expanding its presence in the professional tax preparation market, renewing its technology platform …
Cinven investment in drake software
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WebFeb 5, 2024 · More than 64,000 tax professionals nationwide use Drake, and each year the company processes millions of federal and state-accepted returns. Date Drake Software … WebSep 8, 2024 · Cinven has raised a total of $49.3B across 8 funds, their latest being Strategic Financials Fund. This fund was announced on Jul 12, 2024 and raised a total of $1.5B. Cinven has made 10 investments. Their most recent investment was on Feb 5, 2024, when Drake Enterprises raised Cinven has had 6 exits.
Web1 day ago · Cinven. Apr 13, 2024, 07:00 ET. Acquisition to create a global leader in governance, risk and compliance technology solutions. LONDON, April 13, 2024 /PRNewswire/ -- International private equity ... WebApr 13, 2024 · About Cinven. Cinven is a leading international private equity firm focused on building world-class global and European companies. Its funds invest in six key sectors: Business Services, Consumer ...
WebNov 1, 2024 · "Since investing in Drake in 2024, Cinven has set out to support the Company's growth plans, including expanding its presence in the professional tax … Web1 day ago · "Cinven has a strong track record of driving value in software businesses and they are the ideal partner to support Archer's next phase of growth. This partnership with Cinven will allow us to capitalize on significant growth opportunities both organically and through strategic acquisitions and further accelerate our leading position to the ...
WebFeb 5, 2024 · International private equity firm, Cinven, today announces that it has agreed to make a significant investment into Drake Software (‘Drake’ or ‘the company’), a …
WebFeb 5, 2024 · Buyout firm Cinven Ltd. will make a significant investment in Drake Software, subject to antitrust approvals. The Franklin, N.C.-headquartered professional … hot stone massage castle rock coWebNov 18, 2024 · This transaction represents Cinven’s third majority investment in a founder-owned business in 2024 following its investments in Drake Software, a leading provider of professional tax... hot stone massage cherry hill njWebNov 24, 2024 · Today, over 60,000 tax offices use Drake Software. Using innovation, customer feedback, and a team of dedicated developers, subject matter experts and support staff, Drake continues to achieve its goals of customer satisfaction, product refinement, and customer growth. For more information, visit DrakeSoftware.com or call 800.890.9500. hot stone massage culver cityWebNov 14, 2024 · Its new partner, Drake Software, has been a go-to provider of professional tax preparation software for tax offices and accountants across the United States. Cinven made an undisclosed investment into Drake in 2024 to promote its growth, and this new deal is the apparent next step. hot stone massage chapel hillWebFeb 5, 2024 · International private equity firm, Cinven, today announces that it has agreed to make a significant investment into Drake Software (‘Drake’ or ‘the company’), a provider … Cinven is a registered trademark. Cinven Limited, Registered in England No. … Stuart joined Cinven in 1996, became a Partner in 2005 and became Managing … Cinven have local investment presence across all of Europe's major markets … Why Cinven For more than 40 years our world-class team of sector and regional … 22 March 2024 Cinven agrees to acquire MBCC Admixtures 09 March 2024 ETC … For more than 40 years our world-class team of sector and regional specialists … line in mp3 recorderWebFeb 5, 2024 · Cinven has agreed to make a “significant” investment in Franklin, North Carolina-based Drake Software, a provider of software for tax preparers. No financial terms were disclosed.... line in mp3 playerWebNov 18, 2024 · The deal is Cinven’s third telecom, media and technology stake in the U.S., after its investments in Drake Software and Jaggaer. SVB Technology Investment Banking, Altman Solon and Kirkland & Ellis advised Cinven on the deal. ©2024 Bloomberg L.P. FAANG stocks 6:52 5:10 Stay away from the FAANG, but remain invested in tech: … line in music notes