9 Acquisitions in the Accounting industry - Flippa
Company acquisitions in the Accounting industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 8 acquisitions that took place in the Accounting industry.
Materia AI acquired by Thomson Reuters
Details about the transaction:
Acquisition amount: Undisclosed
Announcement: October 22 2024
Details about the company:
Agentic AI assistant built for tax, audit, and accounting workflows—automates research and compliance tasks for professionals.
Headquarter:
Where to find them: Website
Industry: Artificial Intelligence, Tax & Accounting Software, Productivity
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
House of Control acquired by Visma
Details about the transaction:
Acquisition amount: $64,200,000
Announcement: 26 September 2022
Details about the company:
Software as a service (SaaS) solutions for contract administration and IFRS 16 compliance are created by the tech firm House of Control.
Headquarter:
Where to find them: Website
Industry: Accounting, Asset Management, Contact Management, SaaS
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
J. K. Shah Classes acquired by Veranda Learning
Details about the transaction:
Acquisition amount: $41,101,153
Announcement: 13 October 2022
Details about the company:
J. An educational website called K. Shah Classes provides classes for the CA CPT, CA IPCC, CA final, and CS exams.
Headquarter:
Where to find them: Website
Industry: Accounting, E-Learning, Education, Higher Education
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Kinetic Information Systems acquired by Castleton Technology plc
Details about the transaction:
Acquisition amount: $2,290,488
Announcement: 4 December 2017
Details about the company:
Software solutions are provided to businesses by Kinetic Information Systems based on their specifications and demands.
Headquarter:
Where to find them: Website
Industry: Accounting, Business Intelligence, Enterprise Software, Information Technology, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Live Keeping acquired by IndiaMART
Details about the transaction:
Acquisition amount: $6,000,000
Announcement: 25 March 2022
Details about the company:
A SaaS platform called Live Keeping creates accounting software and company management solutions.
Headquarter:
Where to find them: Website
Industry: Accounting, Consulting, IT Management, SaaS, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
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Reckon acquired by The Access Group
Details about the transaction:
Acquisition amount: $100,000,000
Announcement: 19 May 2022
Details about the company:
Accounting software is provided by Reckon to accountants, bookkeepers, small and medium-sized enterprises, and individual consumers.
Headquarter:
Where to find them: Website
Industry: Accounting, Billing, Computer Vision, Finance, Information Technology, Personal Finance, Software
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Shaw Gibbs acquired by Apiary Capital
Details about the transaction:
Acquisition amount: $11,170,414
Announcement: 3 November 2022
Details about the company:
Shaw Gibbs offers services in corporate finance, outsourcing, payroll, accounting, auditing, taxation, and accounts software.
Headquarter:
Where to find them: Website
Industry: Accounting, Consulting, Financial Services, Outsourcing
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Strait acquired by Sanne Group
Details about the transaction:
Acquisition amount: $32,000,000
Announcement: 7 April 2021
Details about the company:
Financial solutions are offered by Strait, a fund administrator, to hedge funds and private equity firms.
Headquarter:
Where to find them: Website
Industry: Accounting, Finance, Financial Services
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Technology Insight acquired by Glantus
Details about the transaction:
Acquisition amount: $9,300,000
Announcement: 16 July 2021
Details about the company:
Recovery Audit Services and solutions for internal mistake avoidance are also offered by Technology Insight.
Headquarter:
Where to find them: Website
Industry: Accounting, Finance
Details about the buyer:
Visma offers services and company software for administration and accountancy.
Headquarter:
Where to find them: Website
Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.
