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News > Thomson Reuters Buys Manatron

Thomson Reuters Buys Manatron

  08/06/2011
Thomson Reuters (UK) has signed a definitive agreement to acquire Manatron (USA) from Thoma Bravo LLC, a private equity firm. The completion of the acquisition is subject to standard regulatory approvals. The terms of the transaction were not disclosed.


Manatron will strengthen the expanding Tax & Accounting business with an additional 1,400 clients in over 20 countries and more than 40 US states.

 

Manatron's flagship solution, Government Revenue Management (GRM) , is an integrated suite of web-based property recording, assessment and tax software that automates the operational, informational, and planning needs for assessors, auditors, treasurers, tax collectors and other government officials. Manatron's software solutions are being used by governments to replace antiquated systems to help improve customer service, streamline processes and manage the growing velocity of legislative changes.

Manatron also provides land administration systems helping governments and the private sector map, audit, register and publicise the value of assets and land. As one of the only providers of end-to-end government property tax management and land administration systems, Manatron processes more than USD100 billion in annual tax revenue.

"Becoming part of Thomson Reuters extends Manatron's global reach, but our mission remains the same: to deliver a solution that allows our clients to efficiently process and manage their land, property tax and assessment information," said Bill McKinzie, president and chief executive officer at Manatron.

 

 





Read more about:  software 
Supplier: Thomson Reuters

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