US EditionATX Venture Partners' Strategic Investment in GoCo Culminates in Acquisition by Intuit
- Intuit Inc. Announced its planned acquisition of GoCo, an award-winning HR platform for small and mid-sized businesses, with the deal expected to close in Q4 FY25.
- Intuit, a global financial technology company and leader in small business payroll, aims to expand its offerings by integrating GoCo’s comprehensive HR and benefits solutions.
- GoCo, founded in 2015 and based in The Woodlands, TX, provides services including hiring, onboarding, workforce management, and benefits administration with AI tools complementing Intuit’s AI capabilities.
- The acquisition will combine GoCo’s capabilities with Intuit’s Enterprise Suite and QuickBooks Payroll, which currently manages payroll for 18 million U.S. Employees, resulting in an integrated solution for finance and human resources.
- This acquisition strengthens Intuit’s platform to offer an all-inclusive solution for finance and HR, enhancing productivity for its small and medium-sized business customers.
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Farm Talk Newspaper
ATX Venture Partners' Strategic Investment in GoCo Culminates in Acquisition by Intuit
AUSTIN, Texas, April 29, 2025 /PRNewswire/ -- ATX Venture Partners, an Austin-based venture capital fund and co-investment platform with over $700 million under management, has facilitated the sale of its portfolio company, GoCo, to strategic acquirer Intuit, the publicly traded…
Intuit to Acquire GoCo
Intuit Inc. (Nasdaq: INTU), a global financial technology platform that offers Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, is to acquire GoCo, a The Woodlands, TX-based provider of modern HR and benefits solutions for small and mid-market businesses. The amount of the deal – expected to close in Q4 FY25 – was not disclosed. With GoCo, […] The post Intuit to Acquire GoCo appeared first on FinSMEs.
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