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Thomson Reuters acquires tax automation company SafeSend for $600M


Thomson Reuters has acquired tax automation company SafeSend in an all-cash transaction valued at $600 million.

Founded in 2008, Ann Arbor, Michigan-based SafeSend serves a cloud-based platform designed to streamline the processing and sharing of sensitive financial documents. It provides tools for delivering tax returns, gathering e-signatures, collecting payments, automating workflows, meeting compliance obligations, and more.s Prior to joining TechCrunch in June 2022, Paul had gained more than a decade’s experience covering consumer and enterprise technologies for The Next Web (now owned by the Financial Times) and VentureBeat.

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