Greatland acquires JAT Software
Greatland Corp., a Michigan-based specialist in wage and income reporting solutions for W-2, 1099 and 1095 forms, has acquired New Jersey-based JAT Software Inc., which provides year-end reporting software, web applications and print services for companies with high-volume reporting needs.
Terms of the deal were not disclosed.
Greatland reports that all 15 current JAT employees will join Greatland and continue to be based in the Bridgewater Township, New Jersey office.
While Greatland has completed several acquisitions during its history, JAT is the first since its acquisition of Green Bay, Wisconsin-based Nelco in 1997 to include an additional new permanent location.
Established in 1974, Greatland employs 135 employee-owners, including a full-time team of compliance experts. The company helps businesses stay in compliance with Internal Revenue Service and Social Security Administration requirements to avoid fines. Greatland offers paper forms as well as software and online filing services.
“JAT Software has a demonstrated ability to scale both product performance and customer support to meet the unique needs of the enterprise-level market,” said Bob Nault, president and CEO of Greatland Corporation, in a statement. “This move further strengthens our position in this market segment and provides experienced staff to bring the full range of our combined products and services to both Greatland’s and JAT’s established customers.”
Jack Felicio, president of JAT Software, added, “It is rewarding and validating to be able to step away knowing our team and our customers are in great hands.” JAT has been in business for 30 years.