Quad-C Management Announces Investment in Tax Protection Plus in Partnership with Management
Summary
Through its partnerships with tax professionals and financial service providers, TPP delivers valuable support to millions of members nationwide. The management team led by Matt Lievens, CEO, will remain in their current roles and will be significant shareholders.Matt Lievens expressed enthusiasm about the partnership, stating, "We are thrilled to join forces with Quad-C. Their deep experience helping management teams scale their business, along with their commitment to supporting our vision, makes them the ideal partner for our next phase of growth. TPPs strong value proposition of providing industry-leading tax defense protection and peace of mind support to its members was a core pillar of our investment thesis. Since its founding in 1989, Quad-C has invested in 85 platform companies across its focus sectors, with an emphasis on driving long-term value creation through collaboration with strong management teams.Terms of the transaction were not disclosed.Founded in 1989 and headquartered in Charlottesville, Virginia, Quad-C is a middle market private equity firm focused on investing in established business services, industrials and healthcare companies. TPP provides taxpayers with the peace of mind of knowing they have an expert in their corner while resourcing tax professionals to better serve their clients.