London-based private equity firm Cinven plans to buy Iowa-based TaxAct, which makes online tax software, for ~$720M; Cinven has made five acquisitions in 2022 (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch:
Thomson Reuters plans to acquire tax automation software company SurePrep for $500M in cash, with the deal expected to close in Q1 2023  —  Thomson Reuters has announced plans to acquire SurePrep, a tax automation software company based in Irvine, California.

Shaji Mathew / Bloomberg:
Saudi Arabian food delivery service Jahez agrees to acquire local rival The Chefz for ~$173M in a cash and stock deal  —  Saudi food delivery firm Jahez agreed to acquire The Chefz in a cash and stock deal, almost a year after Delivery Hero SE’s attempt to buy the firm was thwarted by the local competition watchdog.

Laura Cooper / Wall Street Journal:
PE firm Vista Equity Partners agrees to acquire Florida-based KnowBe4, which offers security awareness training and a simulated phishing platform, for $4.6B  —  Private-equity firm is close to agreeing to pay almost $25 a share to acquire KnowBe4 in rare leveraged buyout

Jennifer Ryan / Bloomberg:
Thoma Bravo plans to acquire ForgeRock, which makes identity verification software, for $2.3B in cash; ForgeRock raised $275M from its IPO in September 2021  —  ForgeRock Inc., a maker of identity-verification software, said it will be acquired by Thoma Bravo in an all-cash deal valued at about $2.3 billion.

Bloomberg:
Adobe plans to acquire UI design and prototyping tool Figma for around $20B in cash and stock; Figma CEO Dylan Field will continue in the role  —  Adobe Inc. is nearing a deal to acquire Figma, a startup that makes online design collaboration tools, people with knowledge of the matter said.

Kyle Wiggers / TechCrunch:
Swedish PE firm EQT plans to acquire New Jersey-based Billtrust, which offers tools for businesses to manage billing, for $1.7B in cash  —  Billtrust, a company developing a platform to automate the invoice-to-cash process, today announced that it agreed to be acquired by EQT …