Wave to be acquired by H&R Block for $537 million CAD

betakit.com

I have often talked about the increased competition coming into the bookkeeping space. Well, toss another in the ring, because H&R Block is moving in too with their acquisition of the Canadian cloud accounting software company. I’m curious to see how this one plays out. And with tech startups like Georges just raising $11.2M to take over bookkeeping for freelancers, big money is pouring in.

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