Nov 2, 2015
KPMG acquires the technology assets and IP of G2 FinTech
KPMG LLP, the audit, tax and advisory firm, today acquired from G2 FinTech (G2), a boutique tax technology firm that specializes in tax analysis and compliance software for the investment management community, all of its United States tax software and intellectual property, including G2’s flagship product, TaxGopher. G2 will remain a separate entity with a continuing business post-closing. A majority of G2’s development team will join KPMG’s Tax Transformation and Technology Practice, enabling KPMG to enhance its capabilities to assist hedge funds with their tax compliance needs.
“This acquisition of G2’s technology assets and intellectual property continues to build on our successful leadership position in the Alternative Investment space following the Rothstein Kass transaction last year,” said Jeffrey C. LeSage, Vice Chairman –Tax at KPMG. “The market is demanding a web-based, integrated technology platform; by adding G2’s technology, KPMG will now be able to offer hedge funds a seamless end-to-end analysis and compliance solution.”
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