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.

Dropbox to Acquire DocSend

March 9, 2021

Cloud & SaaS

Dropbox entered into a definitive agreement to acquire DocSend, a secure document sharing and analytics company, for $165 million in cash. The acquisition is expected to close in Q1 2021 and is expected to have an immaterial impact on 2021 operating results.

Thomson Reuters Acquires Casetext for $650 Million

June 29, 2023

AI & Machine Learning

Thomson Reuters signed a definitive agreement to acquire Casetext, a California-based provider of AI-powered legal technology, for $650 million in cash. The deal is expected to close in the second half of 2023, subject to regulatory approvals and customary closing conditions.

SentinelOne to Acquire PingSafe

January 3, 2024

Cybersecurity

SentinelOne agreed to acquire PingSafe to add PingSafe’s cloud-native application protection platform (CNAPP) to SentinelOne’s Singularity Platform. The combined solution is intended to deliver a more integrated, AI-powered cloud security platform with broader coverage and improved automation across an enterprise’s cloud footprint, with anticipated differentiated capabilities such as secrets scanning and attack surface management.