Vertex, Inc., the leading provider of corporate tax solutions, today announced that it will consolidate its operations from seven separate buildings in the Berwyn area into one central location in King of Prussia, Montgomery County, and create 225 new jobs at the new national headquarters location. The new office will be approximately 7.5 miles from its current location in Berwyn, PA.
“The decision to move was the result of a thorough multi-year process that included research, employee focus groups, and careful consideration of our progressive culture and strategic vision,” said Lainie Sitko, Director of Workplace Strategy at Vertex. “Instead of being dispersed among seven buildings throughout the area, everyone will now be located in the same building, supporting the unique, collaborative work environment that sets Vertex apart from other organizations.”
For Vertex, the new office space means advancing the company’s workplace strategy and includes new amenities for employees, as well as room for future growth. Vertex will occupy close to five floors in a multi-tenant office building owned by Liberty Property Trust in Philadelphia’s western suburbs, at 2301 Renaissance Boulevard, King of Prussia.
“We were fortunate to find a property that fits all of our needs and is so close to our current office,” said Sitko. “We really wanted to limit the impact that relocation could have on our employees. The new space will enable us to grow and evolve as we continue providing exceptional value to our expanding client base, while positively contributing to the economy in the King of Prussia area.”
Vertex received a funding proposal based upon its projected job growth over the next five years from the Department of Community and Economic Development. The project was coordinated by the Governor’s Action Team, a group of experienced economic development professionals that works with companies looking to establish new business operations in Pennsylvania or who are considering retention and/or expansion of existing Pennsylvania operations. Click here to read Governor Wolf’s press release.
Since 1978, Vertex, Inc., has been a leading provider of tax technology and services, enabling companies of all sizes to realize the full strategic potential of the tax function by automating and integrating tax processes, while leveraging advanced and predictive analytics of tax data. Vertex provides cloud-based and on-premise solutions that can be tailored to specific industries for every major line of tax, including income, sales and consumer use, value added and payroll. Headquartered in Pennsylvania, and with offices worldwide, Vertex is a privately held company that employs over 900 professionals and serves companies across the globe.