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Vertex (VERX) has filed to raise $317 million from the sale of its Class A stock in an IPO, according to an amended registration statement.
The company provides enterprises with various types of indirect tax calculation, management and reporting software.
VERX is performing well within the indirect tax software industry and the IPO appears reasonably valued, so the IPO is worth considering.
Company & Technology
King of Prussia, Pennsylvania-based Vertex was founded to create hybrid software solutions for sales tax, seller's use tax, consumer use tax and value added taxes,