Matheson have advised Vertex Inc., a leading global provider of tax technology solutions, on the acquisition of Taxamo, a cloud-based pioneer in tax and payment automation for global e-commerce and marketplaces. The purchase price for Taxamo was approximately $200 million in an all-cash transaction.
Vertex is a leading global provider of indirect tax software and solutions.
Taxamo, headquartered in Ireland, counts many of the leading, high-growth digital service providers among its global customers who rely on its unified platform of integrated capabilities to support indirect tax compliance, with a core focus on online sales, payments, and e-invoicing.
The Matheson team was led by Corporate M&A partner Brian McCloskey and senior associates James O’Higgins, Robert Maloney Derham and Ciara Garahy.