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Cogency Global Acquires Tax Guard To Expand Footprint In Compliance And Financial Services

Sep 19, 2023•about 2 years ago

Acquiring Company

Cogency Global

Acquired Company

Tax Guard

LegalLendingFinancial Services

Description

New York-based Cogency Global Inc., a global provider of corporate compliance and transactional legal support services, announced today that it has acquired Colorado-based Tax Guard, LLC., a leading tax risk due diligence and monitoring services provider, from Falfurrias Capital Partners. Terms of the transaction were not disclosed. Raymond James served as Tax Guard's financial advisor.

Company Information

Company

Cogency Global

About

Cogency Global, founded in 1980, is an international provider of registered agent services, as well as fast and efficient corporate transaction and compliance solutions for companies and their counsel. The company also keeps clients informed of changes to the law and filing procedures through frequent bulletins, email updates, and live informational webinars and seminars. Headquartered in New York City, with offices throughout the United States as well as in London, Hong Kong, and Singapore, Cogency Global is well-positioned to support legal and business professionals around the world. For more information, please visit www.cogencyglobal.com

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed