Wolters Kluwer €300 million acquisition of Tagetik

Overview:

• Wolters Kluwer Tax & Accounting has acquired Tagetik for €300 million.
• Tagetik is a software developer that produces corporate performance management solutions. It has 1000 customers and 75,000 users across 35 countries.
• The deal will see Wolters Kluwer combine Tagetik with TeamMate to create a new business unit - Corporate Performance Solutions.
• Wolters Kluwer is a Netherlands based professional information services and solutions provider active in the health, tax and accounting, risk and compliance, finance and legal sectors.

Sam Duke - Editor