Taxwell (PRIVATE.TAXWELL)

Headquartered in Franklin, North Carolina, Taxwell (formerly Drake Software) is a leading provider of tax preparation software to both professional tax preparers and individual Digital Do-It-Yourself (DIY) filers. The Company provides the tools and resources that users need to build their businesses and properly file federal, state, and local taxes across the country. The businesses will continue to operate under their own brands to serve their differentiated customer bases. The commencement of parent company Taxwell is an important milestone and will further provide both companies with the opportunity to align strategic goals and objectives. Drake Software, a private company founded in 1977, provides software solutions to over 70,000 tax and accounting firms that file more than 36 million tax returns every year. Known for its award-winning customer service team, Drake is also consistently recognized for excellence in quality, value, and reliability. As part of its commitment to innovation and customer success, the company has continued to expand product offerings, integrations, and customer-service efforts—more than doubling its customers over the past decade.