Bowmark-backed Tax Systems Acquires TaxModel

Providence Equity Partners Acquires Tax Systems from Bowmark Capital

April 1, 2025

Cloud & SaaS

Providence Equity Partners has acquired Tax Systems, a UK-based tax and accounting software provider, from Bowmark Capital. The investment will back Tax Systems’ platform expansion and product innovation—targeting new tax and regulatory compliance solutions and international growth; financial terms were not disclosed.

Tax Systems Acquires Loctax

October 3, 2025

Cloud & SaaS

Tax Systems, a Providence-backed global tax and accounting SaaS provider, has acquired Loctax, an AI-driven tax control centre founded in Belgium. The acquisition adds an AI-enabled tax control centre to Tax Systems' portfolio, accelerating its EMEA SaaS tax compliance strategy and expanding product capabilities across compliance, workflows and risk management.

Bowmark Capital Acquires Majority Stake in Turnkey IPS

August 2, 2024

Software

Bowmark Capital has invested in Turnkey IPS, the market-leading provider of insolvency software, partnering with the founding Wood family to fund product development and international expansion. The deal will support Turnkey's growth—the company serves over 300 clients across multiple jurisdictions and is growing recurring revenues at over 20% per annum.

Bowmark Capital Backs Buy-out of Pirum Systems from Five Arrows Principal Investments

March 14, 2019

Cloud & SaaS

Bowmark Capital is backing a management-led buyout of Pirum Systems from Five Arrows Principal Investments, subject to regulatory approval, with completion expected in April 2019. Pirum is a London-based provider of post-trade market infrastructure delivered via a multi-tenant SaaS platform used by global securities finance participants; Bowmark aims to support further product innovation and growth amid regulatory change.

Bowmark Capital Acquires Transparity from Beech Tree

September 26, 2024

IT Services

Bowmark Capital, a UK mid-market private equity firm, has invested in Transparity, a high-growth UK Microsoft technology partner, providing an exit for Beech Tree. Transparity—which has over 260 UK-based employees, more than 1,000 Microsoft certifications and serves 500+ customers—will partner with Bowmark to accelerate data engineering and AI skills, expand capabilities and pursue selective UK and European acquisitions.

Bowmark Capital Invests in Eque2

May 29, 2024

Software

Bowmark Capital has made an investment in Eque2, a UK provider of cloud-based ERP software for the construction sector. The transaction provides a partial exit for WestBridge (which is also reinvesting) and will support Eque2’s continued product development, technology investment and growth.