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Announced

LEA Partners acquired IDL.

Synopsis

LEA Partners acquired a stake in IDL, a leading provider of corporate performance management software. Financial terms were not disclosed. IDL will thus significantly accelerate the further development of its CPM Suite and further expand its market position beyond the German-speaking region. The IDL CPM Suite offers a powerful platform for sophisticated CPM- and BI solutions. Its scope includes consolidated financial statements, annual and quarterly reports, regulatory filings, e-Bilanz submissions, budgeting, forecasting, management reporting, analysis, dashboards, mobile BI as well as financial, operational and strategic planning.

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