Providence Equity Partners Acquires Tax Systems from Bowmark Capital

Bowmark-backed Tax Systems Acquires TaxModel

December 11, 2023

Cloud & SaaS

Tax Systems, backed by Bowmark Capital, has acquired TaxModel, a Netherlands-based provider of international tax compliance SaaS. The acquisition expands Tax Systems' product suite—adding tax provisioning, transfer pricing and regulatory reporting capabilities—and extends its international footprint across TaxModel's client base of 300+ organisations in 25+ countries.

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.

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.

Providence Equity Partners Acquires Node4 from Bowmark Capital and LDC

March 3, 2021

IT Services

Providence Equity Partners has agreed to acquire a controlling stake in Node4, a UK-based managed cloud and IT services provider, from Bowmark Capital with minority investor LDC exiting. The transaction positions Node4 to accelerate its cloud-led digital transformation growth, build on recent strategic acquisitions and expand its UK presence under Providence's ownership.

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.

Providence Equity Partners Invests in Brandt Information Services

June 5, 2024

Cloud & SaaS

Providence Equity Partners has made an equity investment to become the majority owner of Brandt Information Services, a Tallahassee-based provider of software platforms for outdoor recreation management. NexPhase Capital will remain an investor while the company — which offers licensing, registrations, reservations and e-commerce solutions to public conservation agencies and outdoor organizations — will continue to be led by CEO Travis Warren.