Thomson Reuters has acquired SafeSend, a U.S.-based tax and accounting software business, for $600 million. The acquisition, which includes 235 employees, is expected to generate $60 million in revenue in 2025, with annual growth projected at 25% in the coming years. The move is part of Thomson’s strategy to enhance its offerings for accounting professionals, particularly in tax preparation efficiency.
Thomson Reuters Acquires Tax Software Firm SafeSend for $600 Million