Advertisement

Cegid Buys SMB Tax Solution Loop Software

Cegid has acquired Loop Software, which offers a collaborative cloud-based accounts management and taxation solution for accountants and small and medium-sized enterprises. Terms of the deal were not disclosed.

Loop was founded as a strategic partnership between KPMG France and a team of experts in web technologies. The solution is used by 35,000 clients who will join the 150,000 users of Cegid’s collaborative solution.

“In acquiring Loop, we are further enhancing our strategy towards the accounting sector,” said Pascal Houillon, CEO of Cegid in a statement. “As a leader, we are committed to positioning ourselves as trailblazers in the digital transformation of this sector. Combining Loop and its technology with our know-how and established expertise in this market will enable us to take up this challenge more quickly and with greater power.”

Advertisement

Featured Event

Get free access to tactical tips, invaluable insights, and deep-dive conversations that will help you hone your strategies for Q4 and beyond. That way, you can be sure to be on shoppers’ nice lists this holiday season…and all year long.

Advertisement

Advertisement

Access The Media Kit

Interests:

Access Our Editorial Calendar




If you are downloading this on behalf of a client, please provide the company name and website information below: