Tax software developer Greatland Corporation has outlined a plan to further accelerate growth through strategic acquisitions during 2013, after posting a 7 percent increase in annual revenue to $36 million as well as a 70 percent rise in cash provided by operations.
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The W-2 and 1099 form and e-filing provider cited improved market share in key segments, as well as an extensive multiplatform marketing campaign, as key drivers during the year.
Greatland began executing its acquisition strategy with the recent purchase of ExpressTaxForms.com and ExpressChecks.com from Portland, Ore.-based Express Internet Companies.com (see Greatland Acquires ExpressTaxForms and ExpressCheckForms).
“We made important investments in supporting and promoting our brand and in learning more about additional market segments. Those investments will help us drive growth in the months ahead,” said Greatland chief executive Robert Nault. “As the leader in the W-2 and 1099 market, we are now also working hard to identify and establish conversations with quality acquisition candidates around the country. We are taking a purposeful, but aggressive approach to this process and will be working to make sure any candidate companies are the right strategic fit, particularly in regard to product and customer mix.”