INTU · News · 20261019N
Acquisition / Partnership / Divestiture
INTUIT INC. · 2026-10-19 · Importance 47 · Surprise 60 · In source text
Intuit announced an agreement to acquire Sequence, an AI-native revenue management platform, to expand its mid-market enterprise resource planning offerings. The transaction will integrate automated quote-to-revenue workflows covering pricing, billing, collections, and revenue recognition into Intuit Enterprise Suite and QuickBooks Online Advanced. The acquisition is intended to help Intuit attract growing businesses seeking alternatives to Oracle and SAP enterprise resource planning products.
Key facts
- Intuit announced an agreement to acquire Sequence, an AI-native revenue management platform. source
- Intuit said the acquisition is expected to strengthen Intuit Enterprise Suite and QuickBooks Online Advanced by integrating automated quote-to-revenue workflows including pricing, billing, collections and revenue recognition. source
- Cyndeo Wealth Partners LLC reduced its stake in Intuit Inc. by 88.2% in the third quarter. source
- Intuit raised its quarterly dividend. source
- Intuit recently reported strong earnings, beating revenue and EPS estimates. source
- Cyndeo Wealth Partners LLC sold 7,913 Intuit Inc. shares. source
- Cyndeo Wealth Partners LLC retained 1,061 Intuit Inc. shares worth $293,000. source
- Institutional investors hold 83.66% of Intuit's stock. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | — | Intuit announced an agreement to acquire Sequence, an AI-native revenue management platform. |
| cash | negative | probable | — | Intuit announced an agreement to acquire Sequence, an AI-native revenue management platform. |
| assets | positive | probable | — | Intuit announced an agreement to acquire Sequence, an AI-native revenue management platform. |