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Igen Acquires Motor Fuel License Center To Advance Tax Compliance Platform

PRIVATEFeb 09, 2023

Acquiring Company

IGEN

Acquired Company

Motor Fuel License Center

SoftwareSaaSOil And GasSoftwareSaaS

Description

IGEN, a leading provider of excise tax compliance software, today announced it has acquired Motor Fuel License Center (MFLC), an online platform that helps oil and gas companies source licensing data to automate fuel tax compliance. Financial terms of the transaction were not disclosed.

Quick answer

IGEN is acquiring Motor Fuel License Center, announced February 9, 2023.

How much did IGEN pay for Motor Fuel License Center?
The deal value was not disclosed.
What does IGEN do?
IGEN helps companies capitalize on their compliance.

Source: Fundz verified event record.

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Company Information

Company

IGEN

About

IGEN helps companies capitalize on their compliance. It's your complete toolkit for reducing redundancy and risk, all while ensuring you have better visibility of tax implications across the organization. IGEN's end-to-end compliance platform includes automation tools for managing licenses, tax data preparation, real-time tax calculation, reporting and filing. Explore more at www.IGENtax.com.

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Frequently asked

Who acquired Motor Fuel License Center?

Motor Fuel License Center was acquired by IGEN. The deal was reported on February 9, 2023. IGEN helps companies capitalize on their compliance. It's your complete toolkit for reducing redundancy and risk, all while ensuring you have better visibility of tax implications across the organization. IGEN is privately held and operates in Software.

When did IGEN acquire Motor Fuel License Center?

IGEN's acquisition of Motor Fuel License Center was reported on February 9, 2023. IGEN, a leading provider of excise tax compliance software, today announced it has acquired Motor Fuel License Center (MFLC), an online platform that helps oil and gas companies source licensing data to automate fuel tax compliance. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Motor Fuel License Center do?

Motor Fuel License Center helps companies source data to automate fuel tax compliance. Its cloud-based software solves a well-known gap in tax compliance for oil and gas companies. It is privately held, operating in Oil And Gas.

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