|
|
|
|
|
|
| Tax & Accounting creates Government Business Group with Manatron acquisition |
NEW YORK, July 19, 2011 - (ACN Newswire) - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, has officially acquired Manatron following regulatory clearance in the U.S. and Ukraine.
Manatron is a provider of property tax automation and land registry software for governments and municipalities around the world, and was acquired from Thoma Bravo LLC, a private equity firm.
Manatron's flagship solution, Government Revenue Management (GRM), is an integrated suite of web-based property recording, assessment and tax software that automates the operational, informational, and planning needs for assessors, auditors, treasurers, tax collectors and other government officials. Manatron's software solutions are being used by governments to replace antiquated systems to help improve customer service, streamline processes and manage the growing velocity of legislative changes.
"The government tax automation space is a growing sector and a natural fit with our strategy to improve workflow efficiency for our clients through innovative technology," said Brian Peccarelli, president of the Tax & Accounting business of Thomson Reuters.
"This is an exciting time for the Tax & Accounting business as we move into a new sector and acquire products which complement our current offering. We will now be able to provide our customers with one of the largest portfolios of products and services, irrespective of sector or size."
The acquisition of Manatron will strengthen the expanding Tax & Accounting business as well as create a new government business group headed by Bill McKinzie, senior vice president and general manager of the government sector for the Tax & Accounting business of Thomson Reuters.
About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 55,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, go to www.thomsonreuters.com .
Contacts
David Girardin
Corporate Affairs Manager
+1 646 223 4870
david.girardin@thomsonreuters.com
Tina Allen
Public Relations Manager, Tax & Accounting EMEA
+44 (0) 20 7375 6814
tina.allen@thomsonreuters.com
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE
Copyright (c) Thomson Reuters 2011. All rights reserved.
Topic: Press release summary
Source: Thomson Reuters
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
