Cinven investment in drake software
WebNov 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 preparation software, and think-cell, a developer of leading productivity software for creating data-driven presentations in Microsoft PowerPoint. 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.
Cinven investment in drake software
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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.
WebNov 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... WebFeb 5, 2024 · Ropes & Gray advised Cinven, an international private equity firm, in its agreement to make a significant investment in Drake Software, a provider of software for tax preparers.Financial details of the transaction were not disclosed. The deal was announced in a February 5 press release.. The team advising Cinven was led by private …
WebExcited to share that Cinven, who originally invested in Drake Software in 2024, announced an agreement today to acquire @TaxAct. Cinven will … 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 …
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 is a private equity firm based in London. Some of the recent acquisitions include: • Avio – In August 2006, Cinven purchased Avio from Carlyle and Finmeccanica for an enterprise value of $2.6 billion. • Spire Healthcare (previously BUPA Hospitals) – In June 2007, BUPA announced that it had agreed to sell its hospitals business, comprising 25 hospitals, to Cinven for $1.44 billion ($2.8 billion/$2.13 billion). Spire has since acquired the Classics Hospital Group fo… some notes on the location-scale cucconi testWeb3 hours ago · London-based Cinven will acquire Archer from Clearlake Capital Group LP and Symphony Technology Group sometime in mid-2024, the companies said in a release. Founded in 2000, Archer has grown to ... small business server 2011 sqlWebFeb 5, 2024 · Buyout firm Cinven Ltd. will make a significant investment in Drake Software, subject to antitrust approvals. The Franklin, N.C.-headquartered professional … small business server 2014WebNov 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 … small business server 2011 sql versionWebFeb 8, 2024 · International private equity firm, Cinven, has agreed to make a significant investment into Drake Software (‘Drake’ or ‘the company’), a provider of software for … some notes on the translation of poetryWebNov 1, 2024 · Cinven made its significant investment in Drake in 2024 to support the next stage of the company’s growth. Drake Software offers comprehensive tax preparation software, servicing more than 70,000 tax offices throughout the U.S. Dom Morea will remain president and chief executive officer of Drake Software and Curtis Campbell will … somente downloadWebNov 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. some nocturnal animals