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Providence acquires Bowmark Capital’s Tax Systems - Private Equity Wire

Summary by Private Equity Wire

Providence Equity Partners, a private equity firm specialising in growth-focused investments across media, communications, education, and technology, has acquired Tax Systems, a provider of global tax and accounting software, from mid-market investor Bowmark Capital. Financial terms of the transaction have not been disclosed. Founded in 1991, Tax Systems delivers software solutions that digitise tax compliance processes, enabling professionals t…

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International Accounting Bulletin

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Tax Systems acquired by Providence Equity Partners

Providence Equity Partners has acquired Tax Systems, a UK-based tax and accounting software provider, from Bowmark Capital. Financial terms of the transaction were not disclosed. Providence, a firm specialising in investments across media, communications, education, and technology sectors, stated that its funding will drive Tax Systems’ ongoing platform growth and innovation. The investment aims to enhance tax and regulatory compliance sol…

4 days ago

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