NEON advises countX on strategic investment by JTL

15 February 2024 | NEON has advised countX, a leading software provider for international tax services, on the strategic investment by JTL-Software-GmbH, one of the leading providers of e-commerce and multichannel solutions.
Founded in 2020 by Emilio Matthei and Sebastian Seehusen, countX offers online retailers a straightforward, cloud-based solution to simplify VAT challenges – without being slowed down by tax compliance requirements, allowing companies to focus on their own growth and global expansion.

The close partnership between countX and JTL, a portfolio company of Hg Capital, will expand the range of solutions and services available to online retailers.
In particular, JTL service providers and partners will also benefit from the broader product offering and numerous synergy effects.

Background:

NEON regularly advises on investments by private equity-backed companies in growth companies, both on the part of the company and the investor.