Thomson Reuters Acquires SafeSend (cPaperless) for $600 Million

Lead Edge Capital Invests in SafeSend to Accelerate Tax & Accounting Workflow Automation

April 6, 2021

Cloud & SaaS

Lead Edge Capital has made a growth-stage investment in SafeSend, a provider of e-sign and workflow automation software for CPAs and tax preparers. The partnership gives Lead Edge board representation and will fund product innovation, sales and marketing expansion, and further development of the SafeSend Suite.

Thomson Reuters Acquires SurePrep, LLC

January 4, 2023

Software

Thomson Reuters Corporation completed its previously announced $500 million cash acquisition of SurePrep, a California-based leader in 1040 tax automation software and services. SurePrep—whose products (including 1040SCAN, SPbinder and TaxCaddy) are used by tens of thousands of tax professionals—will join Thomson Reuters' Tax & Accounting Professionals operations to expand cloud-based tax automation capabilities and accelerate integrated workflows for accounting customers.

IRIS Software Group Acquires Thomson Reuters myPay Solutions

October 26, 2022

Accounting & Tax

IRIS Software Group has acquired Thomson Reuters myPay Solutions to expand its CPA-focused payroll and tax services in the Americas. The deal adds outsourced payroll processing, banking and tax reporting capabilities—serving CPA firms and their SMB clients across the United States—to IRIS' existing accountancy and payroll portfolio.

Thomson Reuters Acquires Casetext

June 29, 2023

AI & Machine Learning

Thomson Reuters signed a definitive agreement to acquire Casetext, the San Francisco–based legal technology provider behind the AI legal assistant CoCounsel, for $650 million in cash. The deal, intended to accelerate Thomson Reuters’ generative AI roadmap and enhance its legal product suite, was expected to close in the second half of 2023 and is subject to customary regulatory approvals.

Dropbox Acquires DocSend

March 9, 2021

Cloud & SaaS

Dropbox has entered into a definitive agreement to acquire DocSend, a secure document sharing and analytics company, for $165 million in cash. The acquisition (expected to close in Q1 2021) will integrate DocSend with Dropbox and HelloSign to provide customers end-to-end secure document workflows and analytics.

Smarsh Acquires Digital Safe Product Line from Micro Focus

November 3, 2021

Software

Smarsh acquired the Digital Safe product line from Micro Focus, including the customer base, technology and approximately 400 subject-matter experts, to expand its electronic communications archiving, compliance and e-discovery capabilities. The transaction, announced November 3, 2021 and completed following regulatory approval on February 1, 2022, strengthens Smarsh's scale and global footprint for regulated multi-national customers, particularly in financial services and government.