TAXWARE, CONVEY MERGE

Andy Hovancik, Taxware Taxware, which markets sales and value-added tax products, has acquired Convey Compliance Systems, a third-party filer of 1099s. Both were portfolio companies of Vista Equity Partners. The official description from the press release issued by Burlington, Mass.-based Taxware quotes Taxware CEO Andy Hovancik as follows: “Our company is now capable of expertly monitoring extensive and complex regulatory environments, developing and dynamically updating tax content, integrating with disparate enterprise applications, efficiently translating and storing data in a single relevant repository for reporting and reconciliation, and streamlining all facets of compliance reporting.”

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