Equities

Vertex Inc

Vertex Inc

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  • Price (USD)53.41
  • Today's Change0.000 / 0.00%
  • Shares traded163.00
  • 1 Year change+97.30%
  • Beta--
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About the company

Vertex, Inc. is a global provider of indirect tax solutions. The Company operates as a solution provider of state, local and value-added tax calculation, compliance and analytics, offering software products which are sold through software license and software as a service (cloud) subscription. It also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing and other tax-related services. The Company offers a range of solutions, including tax determination, compliance and reporting, tax data management, document management, analytics and insights, industry-specific solutions, pre-built integrations, implementation services, and managed services. Its artificial intelligence (AI) capabilities leverage proprietary and private large language models (LLM) to deliver generative pre-trained transformer (GPT) capabilities to maintain a framework that increases the accuracy for tax compliance.

  • Revenue in USD (TTM)643.23m
  • Net income in USD30.40m
  • Incorporated1964
  • Employees1.50k
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
VERX:NMQ since
announced
Transaction
value
ecosio GmbHAnnounced07 Aug 202407 Aug 2024Announced47.75%180.00m
Ryan LLCDeal completed12 Jun 202412 Jun 2024Deal completed55.30%--
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