Zenwork Announces $163M Investment by Spectrum Equity
Vista Point Advisors is pleased to announce an investment in Zenwork, a leading provider of digital tax compliance and regulatory reporting software, by Spectrum Equity. Vista Point Advisors acted as the exclusive financial advisor to Zenwork.
About Zenwork
Zenwork, through its Tax1099 and Compliancely brands, is a fast-growing digital tax compliance and regulatory reporting technology company, with 10+ years of experience powering informational tax returns and compliance checks on behalf of its customer base. The company currently serves over 100,000 customers nationwide, including 30,000 CPA firms, as well as enterprise customers.
About Spectrum Equity
Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy. For over 25 years, the firm has partnered with exceptional entrepreneurs and management teams to build long-term value in market-leading Internet-enabled software and information services companies. The firm is investing its ninth fund with $1.5 billion in capital. Representative investments include Ancestry, Bats Global Markets, Definitive Healthcare, GoodRx, Grubhub, Kajabi, Lucid Software, Lynda.com, SurveyMonkey, and Verafin.
About Vista Point Advisors
Vista Point Advisors is a boutique investment bank that focuses on advising middle-market companies in the Software, Internet, Mobile, Digital Media, and Healthcare industries. Our strategy is to partner with growing and profitable businesses that are interested in understanding their options in the marketplace. We focus exclusively on sell-side M&A and capital raising transactions. Vista Point Advisors is headquartered in San Francisco, California.