VATupdate

In Its Largest Acquisition Outside the U.S., Sovos Buys Acepta’s Digital Enablement Business

Today, Sovos announced our most recent acquisition – a deal that is our largest ever outside of the United States, and one that brings our global team to more than 2,000 employees. While the acquisition of Chile-based Acepta certainly marks some milestones for Sovos, it more importantly signals even broader support for our customers throughout Latin America, as well as those in every region where governments are embracing digital tax compliance.

As countries in Latin America and around the world successfully digitize tax compliance, authorities are looking to expand those capabilities beyond the transaction level for the economic betterment of their societies. With this acquisition, Sovos adds thousands of businesses of every size to our customer base, while strengthening our presence in telecom, financial services, retail and other industries. We have also gained new product capabilities that advance our mission to Solve Tax for Good globally, for all our customers, whether they do business in 60 or more countries, or in one.

Source: SOVOS

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