Mergers & Acquisitions

2016 Acquisitions

intuit

XyLeo Labs
A team of talented engineers with deep expertise in building big data platforms and distributed systems
Closed: July 2016

The XyLeo Labs team helps Intuit continue to innovate, advance in its rapid migration to the cloud, and accelerate its ability to use data to create connections between our products.
intuit

Bankstream
Provides direct bank feeds with financial institutions in the UK
Closed: Sept. 2016

A company that provides direct connections between banks and accountants, and their clients’ data. This gives QuickBooks customers an even better experience in having direct, secure and consistent access to their bank data.

2015 Acquisitions

intuit

ZeroPaper
Top-rated money management solution for entrepreneurs and micro businesses in Brazil
Closed Jan. 16

Brazilian start up ZeroPaper created a top-rated money management solution for entrepreneurs and micro businesses. The acquisition of ZeroPaper will increase the technology adoption in Brazil and help entrepreneurs run their business more effectively.
intuit

Acrede
Global Payroll platform
Closed in December 2014

Acrede’s cloud-based global platform processes payroll for employees in 30 countries with scalable technology and a talented team with deep global tax and compliance expertise. With this acquisition, Intuit gains a payroll operation that’s established across Europe and Asia with infrastructure to handle more international payroll business.
intuit

Porticor
A leader in cloud data security
Closed Feb. 5

Intuit consistently invests in leading-edge technology, world-class technologists and pioneering products that help prevent, detect and respond to suspicious and fraudulent data activity. Porticor, a leader in cloud-based security headquartered in Israel, provides a unique combination of state-of-the-art encryption and patented key management systems to protect critical data in public, private and hybrid cloud environments.
intuit

Playbook HR
Playbook HR provides a robust application, onboarding, and compliance solution for on-demand marketplaces
Closed March 2015

With the acquisition of Playbook HR, Intuit is building on its existing solutions for the on-demand economy, including QuickBooks Self Employed. Under Intuit, Playbook HR will continue to serve its customer base with plans to integrate it with QuickBooks Online Self Employed to provide end-to-end compliance for the on-demand workforce.

2014 Acquisitions

intuit

CustomerLink
Customer retention marketing in automotive vertical
Closed: April 2014

CustomerLink provides marketing software-as-a-service solutions for small businesses in the automotive industry. Integrated into Intuit's Demandforce solution, it allows Intuit to deliver communications and reputation solutions with CustomerLink’s direct mail and analytics capabilities.
intuit

Lettuce
Inventory management software for SMBs
Closed: May 2014

A start-up focused on helping product-based small businesses succeed by providing easy to use cloud-based solutions, including a robust inventory and order management system that works with QuickBooks Online. The addition of inventory management within QuickBooks Online provides more features to users and helps accelerate the conversion of desktop users to the cloud.
intuit

Invitco
PDF metadata extraction software
Closed: May 2014

An Australian start-up responsible for developing a cloud-based solution that transforms the way bookkeepers and accountants work. Invitco is focused on developing leading technology specializing in the receipt, processing, and data extraction from PDF files in the cloud. The company’s first product, invitbox, revolutionizes how accountants and bookkeepers manage their client's Accounts Payable processing. Together, Intuit and invitco will enable more and more Australian businesses and global businesses to shift their accounting practices online.
intuit

Check
Mobile bill pay and PFM solutions
Closed: June 2014

A leader in mobile bill pay, Check serves 10 million registered users. Check’s highly-rated mobile app automates and consolidates the bill pay process all in one place, reducing the complexity for consumers. Check customers can monitor bills and accounts, receive alerts when bills are due or funds are low, and pay bills automatically.
intuit

itDuzzit
A cloud-centric integration platform
Closed: July 2014

A cloud-centric integration platform that offers tools and pre-built integration solutions for hundreds of web-based and mobile applications. Developers can utilize ItDuzzIt technology to help them easily integrate apps into the QuickBooks ecosystem and their solutions will reduce the time and complexity of strategic integrations for Intuit teams.
intuit

KDK Softwares
Professional tax solutions in India
Closed: August 2014

Intuit's first transaction in India, KDK Softwares is a market leader in providing professional tax solutions. The company provides reliable and cost-effective software solutions to tax professionals and small businesses throughout the country, and has a customer base of over 20,000 accountants representing 1 in 5 registered practicing charted accountants in India.
intuit

PaySuite
Cloud-based self-service payroll solutions in the UK
Closed: August 2014

A leading provider of cloud-based self-service payroll solutions in the UK, PaySuite will enable small businesses to seamlessly integrate their payroll data directly in QuickBooks Online. That, in turn, means small business owners and their accountants or bookkeepers will always have up-to-date views of their cash flows.

2013 Acquisitions

intuit

Payvment
Facebook ecommerce platform
Closed: Jan. 2013

Intuit acquired Payvment’s team, technology and patents. makes it easy for Intuit’s small businesses finance suite customers to launch storefronts on social properties like Facebook.
intuit

Elastic Intelligence
Enables subject matter experts to create DIY cloud-based apps through the Connection Cloud product
Closed: June 2013

Integrated into QuickBase, the Connection Cloud product makes it easier to access and share data in the cloud without having to custom code to fragmented APIs.
intuit

Fifo
SaaS workpaper and workflow management solution for accountants
Closed: July 2013

Fifo’s cloud software makes accounting and bookkeeping firms around the world more efficient and profitable, helping improve cash flow and growth. Fifo is integrated with QuickBooks Online, aiding in creation of working papers and streamlining of workflows.
intuit

GoodApril
Taxplanning solution for individual American taxpayers
Closed: August 2013

An online tax planning solution for American taxpayers, offering tax advice to help people be confident they're only paying their fair share and not a penny more.
intuit

Full Slate
Online scheduling solution
Closed: October 2013

A scheduling solution that solves the needs of small businesses. With thousands of customers and a thriving partner program, Full Slate has a proven track record of helping with front office, at the heart of small business success.
intuit

Level Up
Data analytics consulting firm
Closed: October 2013

A premier data-driven consulting team focused on data service, engineering, big data, and analytics. Adding the Level Up Analytics team to the Data Services organization helps Intuit accelerate its ability to move faster and deliver on its growth strategy.
intuit

Prestwick Services
Pay-as-you-go billing solution for workers compensation insurance
Closed: November 2013

Prestwick revolutionized the workers’ comp payment process for both small businesses and carriers by utilizing Prestwick’s TRUPAY technology.

Its open platform offers a superior customer experience and allows Intuit to serve as a key connection point to millions of small business payroll customers as well as payroll data from agents and payroll service providers.
intuit

Docstoc
Document repository for SMBs to build and manage their business
Closed: December 2013

A leading provider of user generated and premium business documents, Docstoc hosts the widest selection of professional documents and has established itself as a go-to resource to start and grow small businesses.

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