Companies

Private Equity Portfolio

Details

Year of Investment: 2012
Portfolio Status: Former
Headquarters: Boston, MA
sovos.com

Tax compliance and business-to-government reporting software for businesses.

Sovos Compliance, LLC is a global leader in tax compliance and regulatory reporting software that safeguards businesses from the burden and risk of compliance. The Sovos Intelligent Compliance Cloud combines regulatory analysis with a cloud software platform to create an adaptable and connected global compliance solution that helps businesses stay ahead of the changing regulatory environment. The Company supports over 4,500 customers and integrates with thousands of business applications from ERP to point-of-sale to bank backend systems.

Sovos Compliance was founded in 2012 and is based in Boston, MA, with operations worldwide.

Vista Equity Partners Fund IV completed a buyout of the Taxware business from ADP in December 2012 and subsequently rebranded the Company “Sovos Compliance.”

HgCapital acquired Sovos Compliance in November 2017.