TurboAppeal, a Chicago startup that brought Big Data to the business of property-tax appeals, has been acquired.
Dallas-based Paradigm Tax, a consulting firm, purchased TurboAppeal for an undisclosed price.
TurboAppeal was founded in 2014 by Badal Shah, who was fresh out Northwestern University’s Kellogg School of Management, and John Guidos, an attorney. It attracted $7.2 million from Chicago investors Guaranteed Rate, KGC, Hyde Park Venture Partners, Hyde Park Angels, @Properties and Garland Capital.
TurboAppeal started offering its services to Cook County taxpayers and expanded to 18 states. Paradigm partnered with TurboAppeal about a year ago and helped the company move into the commercial real estate market nationwide.
Paradigm has about 160 employees and operates an office in Chicago. Shah will become chief marketing officer, and eight members of his team will join Paradigm at its Chicago and Denver offices.
Read more at Crain’s Chicago