Thomson Reuters Buys Manatron20/07/2011 |
| Thomson Reuters has officially acquired Manatron following regulatory clearance in the US and Ukraine. Manatron is a provider of property tax automation and land registry software for governments and municipalities around the world, and was acquired from Thoma Bravo LLC, a private equity firm. |
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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.
The acquisition of Manatron will strengthen the expanding Tax & Accounting business as well as create a new government business group headed by Bill McKinzie, senior vice president and general manager of the government sector for the Tax & Accounting business of Thomson Reuters.
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