Thomson Reuters has acquired Mastersaf, a provider of tax and accounting solutions for companies operating in Brazil. Terms of the deal were not disclosed.
Mastersaf offers a wide array of products and solutions including a tax and accounting compliance suite; E-invoicing software that facilitates digital registration and approval of invoices under Brazilian reporting regulations; and LegisCenter, an online information portal for tax rates and rules.
“The addition of Mastersaf is a key step in fulfilling our strategy to expand our professional services across Latin America,” said Gonzalo Lissarrague, president, Latin America for Thomson Reuters Professional Division. “We are pleased to welcome their exceptional management and staff to the Thomson Reuters family. Mastersaf also brings a highly valued and successful distribution network.”
In June DigiNet reported Thomson Reuters had acquired Revista dos Tribunais, also in Brazil.
Mastersaf’s LegisCenter information sets will be integrated into Revista dos Tribunais and Checkpoint.
USA, New York, NY & Brazil, Sao Paulo
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