Wolters Kluwer sells German consumer-tax unit to Buhl Data Service for €40M

What's the deal? Wolters KluwerDealroom has a profile for this one. Try Dealroom → has agreed to sell its German consumer-tax business, Steuertipps, to German software firm Buhl Data ServiceDealroom has a profile for this one. Try Dealroom → for €40 million. The Dutch information-services group said the transaction is expected to close within days.

The details: Steuertipps provides consumer tax software and is expected to generate about €30 million in gross revenue in 2026. For Buhl Data Service, the deal adds a consumer-tax business to its German software offering; no synergy or integration details were disclosed.

Why now? The sale sharpens the focus of Wolters Kluwer's Tax & Accounting division on business and professional customers. The company said the professional segment holds its biggest opportunities for synergy, long-term growth, and returns.

The signal: The divestment is a focused portfolio reshaping rather than a major group-level deal, pairing a smaller consumer exit with continued investment on the professional side — including the €112 million acquisition of European tax-automation provider Marosa in August 2026.

Read more: dutchitleaders.nl

Image credit: USAG-Humphreys