Spectrum Equity Invests $163 Million in Zenwork
November 9, 2021
Spectrum Equity led a $163 million minority growth equity investment in Zenwork, the operator of Tax1099 and Compliancely, to accelerate product innovation and scale its digital tax compliance and regulatory reporting platforms. The capital will support product development and growth as Zenwork expands its automated e‑filing, business identity verification, and compliance offerings for small businesses, CPA firms and enterprise customers.
- Buyers
- Spectrum Equity
- Targets
- Zenwork (Tax1099; Compliancely)
- Industry
- Cloud & SaaS
- Location
- Arkansas, United States
- Transaction Type
- Growth capital
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