LOS ANGELES, January 8, 2021 – Marlin Equity Partners (“Marlin”) is pleased to announce that it has completed a growth investment in TaxSlayer, a leading value-oriented provider of tax preparation software. The company’s proprietary online, desktop and mobile software allows U.S. consumers and tax professionals to prepare and electronically file federal and state income tax returns. During the 2020 tax season, TaxSlayer was used to file more than 10 million returns, representing $15 billion in refunds.
“We are proud to have built industry-leading software that has streamlined the tax filing process for consumers and tax professionals alike, allowing millions of individuals to claim the refund they deserve with minimal time, effort and cost,” said Brian Rhodes, CEO of TaxSlayer. “Our team is stronger than ever and we are excited to partner with Marlin to capitalize on opportunities to accelerate the company’s growth while continuing to deliver the user-friendly platform and trusted customer support we have become known for.”
“We have been thoroughly impressed by TaxSlayer’s track record of consistent and methodical growth, as well as the strong values upon which the company has developed its customer support organization and software applications over decades,” said Alex Beregovsky, a managing director at Marlin. “We believe that TaxSlayer’s solutions are a compelling value proposition, and the company serves an important role in its mission to make affordable, high-quality tax preparation more accessible to the general public. We are thrilled to support the TaxSlayer team and bring our strategic, financial and operational resources to bear in expanding the company’s market presence and delivering further platform enhancements to its customers.”
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $7.4 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 170 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit: www.marlinequity.com.
About TaxSlayer
TaxSlayer makes online tax filing accessible for millions of Americans, with an easy-to-use platform and unlimited support at a fraction of the cost of the competition. Trusted for over 50 years, the Augusta-based tech company successfully completed more than 10 million state and federal e-filed tax returns in 2020 and processed $15 billion in refunds. For more information, please visit www.taxslayer.com.
For additional information, please contact Peter Spasov at (310) 364-0100 or via email at pspasov@marlinequity.com.