SurePrep Receives Significant Growth Investment from Bregal Sagemount

SurePrep, LLC, a provider of tax automation software and software-powered services to the professional tax return preparation market, has announced that it has received a significant minority investment from Bregal Sagemount, a growth-focused private capital firm. Financial terms of the investment were not disclosed.

SurePrep’s innovative, patented technology solutions automate critical tax preparation workflow tasks, increasing operational efficiency and strengthening end-customer interactions for its clients. The Company serves clients of all sizes, including 47 of the 100 largest accounting firms in the country, hundreds of small to mid-sized CPA firms, and several wealth management groups. SurePrep will use its first institutional investment to further enhance its customer service and product offerings, including 1040SCAN and TaxCaddy.

“We are very excited to bring in the Sagemount team as a strategic and financial partner,” said David Wyle, Founder and Chief Executive Officer of SurePrep. “We have a tremendously exciting future ahead of us as we strengthen our technology and processes, grow our client base, and expand into new product categories. The investment will allow us to further accelerate our development roadmap to better serve our clients of all sizes.”