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A&O Shearman Advised Providence On Acquisition Of Tax Systems
A&O Shearman advised Providence Equity Partners (“Providence”), a specialist private equity investment firm that focuses on growth-oriented media, communications, education and technology companies, on the financing for its acquisition of Tax Systems, the global tax and accounting software provider, from Bowmark Capital (“Bowmark”), the private equity firm specialising in technology, data and service companies.
Tax Systems is a leading provider of tax compliance software, enabling tax professionals to automate workflows, enhance compliance, mitigate risk, and derive insights from tax operations.
Providence’s investment will support the company’s continued expansion and innovation, targeting new tax and regulatory compliance solutions across global markets
The A&O Shearman team was led in London by sponsor side leveraged Nick Hallam (Finance Partner) and Jack Mellett (Associate)
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