Operating Company Software

Sovos

Wilmington, Massachusetts, United States

Sovos provides businesses with the confidence needed to navigate an increasingly regulated world, offering cloud-based solutions for compliance across tax and regulatory workflows. The company’s scalable, secure, IT-driven solutions integrate with business applications and government compliance processes.

Focus Areas
Tax determination, Tax reporting, Regulatory compliance
Website
sovos.com

Tracked deals

7

7 tracked deals across 2020-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

6 buyout · 1 addon

Sovos Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Sovos. 3 2020 1 2021 1 2024 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Sovos
    Target
    Flowie
    Type
    Buyout

    Sovos announced it has acquired Flowie to combine Flowie’s AI-native finance and procurement orchestration agents with Sovos’ tax compliance and regulatory data. The resulting platform, described by Sovos as a “Compliant Finance Platform,” aims to automate accounts payable and related finance workflows while embedding jurisdiction-specific compliance into each automated transaction.

  • Buyer
    Sovos
    Target
    Blue dot
    Industry
    Data & Analytics
    Location
    Israel
    Type
    Buyout

    Sovos, an AI-ready tax compliance company, announced it has acquired Blue dot, an AI VAT intelligence and recovery platform headquartered in Tel Aviv. The deal extends Sovos’ indirect tax suite into travel & expense and VAT recovery while adding Blue dot’s production AI, transaction intelligence, and data science talent to accelerate Sovos’ agentic diagnosis roadmap.

  • Buyer
    Sovos
    Target
    Aatrix Software
    Industry
    Accounting & Tax
    Type
    Addon

    Sovos has acquired North Dakota-based Aatrix Software to expand its e-filing and payroll tax reporting capabilities for small and mid-sized businesses. The acquisition strengthens Sovos' coverage across W-2, 1099 and ACA 1095 reporting and integrates Aatrix's payroll forms and partner integrations into Sovos' compliance platform; terms were not disclosed.

  • September 7, 2021
    Buyer
    Sovos
    Target
    1099 Pro
    Industry
    Accounting & Tax
    Type
    Buyout

    Sovos, a global tax software provider, has acquired California-based 1099 Pro, a provider of tax information reporting software and services. The acquisition expands Sovos' tax and regulatory reporting offerings—particularly for SMBs—by adding 1099 Pro's e-filing, TIN matching and managed services capabilities and its tens of thousands of customers.

  • December 8, 2020
    Buyer
    Sovos
    Target
    LTtax
    Industry
    Software
    Type
    Buyout

    Sovos, a Boston-based global tax software provider, has acquired LTtax, a New York–based payroll withholding and unemployment tax software provider that serves large retailers, financial institutions and insurers. The deal brings LTtax's automated wage withholding capabilities into Sovos' tax information reporting suite, enabling Sovos to support payroll wage withholding (941 series) while strengthening non-wage withholding automation for 945 and 1042 reporting; terms were not disclosed.

  • Buyer
    Sovos
    Target
    Accordance
    Industry
    Accounting & Tax
    Location
    England, United Kingdom
    Type
    Buyout

    Sovos, a global tax software provider, has acquired Accordance, a U.K.-based VAT managed services firm headquartered in Brighton with an office in Amsterdam. The acquisition expands Sovos' managed-services capabilities and European operations to help customers navigate changing VAT rules and e-commerce VAT reforms.

  • Buyer
    Sovos
    Target
    Booke Seminars
    Seller
    Aon
    Industry
    Insurance
    Type
    Buyout

    Sovos, a global tax and regulatory compliance software provider, has acquired Booke Seminars from Aon to expand its statutory reporting and educational offerings for U.S. insurers. The acquisition adds Booke's insurance-focused seminars/webinars and federal income tax (FIT) filing and compliance software to Sovos' suite; terms were not disclosed.

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