Financial Gravity Inc. acquired Tax Coach Software, LLC
November 18, 2015
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Financial Gravity (Holdings) Inc. acquired Tax Coach Software, LLC from Edward A. Lyon, Keith VandeStadt and others in October 2015. The consideration for the transaction would be an aggregate of 2 million common stock of Financial Gravity (Holdings) Inc. of which 43% of the shares were issued to Edward A. Lyon, having an approximate value of $0.86 million and 47% of the shares were issued to Keith VandeStadt, having an approximate value of $0.94 million. Post acquisition Edward A. Lyon will continue in his current role. Tax Coach will not share clients' personal information with Financial Gravity. Roger A. Crabb of Scheef & Stone, LLP acted as the financial advisors and Jack A. Donenfeld, Esq. of Donenfeld Law acted as the legal advisors to the sellers.
Financial Gravity (Holdings) Inc. completed the acquisition of Tax Coach Software, LLC in October 2015.
Financial Gravity Companies, Inc., along with its subsidiary companies, provides investment and tax professionals with a turnkey family office charter. It helps tax professionals evolve from the commoditized business of tax compliance to a Family Office Director that runs and manages their own multi-family office. Its subsidiaries include Financial Gravity Asset Management, Inc. (FGAM), Financial Gravity Enhanced Markets, LLC (FGEM), Tax Master Network (TMN), and Financial Gravity Family Office Services, LLC (FGFOS). FGAM is a registered investment advisor (RIA) that provides asset management services to individuals and businesses. FGEM is an insurance marketing organization and provides insurance products and services to insurance agencies. TMN provides tax services, including its Tax Blueprint system, which identifies strategies for lowering the client's taxes. FGFOS is an RIA that offers financial planning, and wealth management services to clients through investment advisors.
FINANCIAL GRAVITY COMPANIES, INC. 
