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Year of Investment: 2012
Portfolio Status: Current
Headquarters: Wilmington, MA
sovoscompliance.com

Sales, use and value-added tax calculation, and filing solutions for corporate customers located primarily in the U.S. and Canada.

Sovos Compliance, LLC is a global provider of taxation compliance solutions. The Company delivers an end-to-end suite of software and outsourced services to manage sales, use, and value-added tax, and 1099-form family calculation and filing for customers of all sizes across verticals. Sovos Compliance’s solutions manage all aspects of the tax compliance process, from tax calculation, forms completion, and ultra-high-volume filing to secure funds transfer to state and local revenue departments. At the foundation of Sovos Compliance’s software suite is a powerful tax calculation engine that leverages the industry’s most comprehensive repository of more than 210 million tax rules in 13,500 plus jurisdictions across more than 200 countries. Sovos Compliance processes over 250 million 1099-family forms per year.

The Company is headquartered in Wilmington, MA with additional offices in Minnetonka, MN and the Netherlands.

Vista Equity Partners Fund IV completed a buyout of the Taxware business from ADP in December 2012 and rebranded the company Sovos Compliance in February 2015.

HG Capital acquired the company in March 2016.