Announced

IRIS Software Group acquired Innervision.

Synopsis

IRIS Software Group has acquired Innervision, a global provider of lease accounting software, lease management consultancy and services. Financial terms were not disclosed. The deal is the next step in IRIS Software Group’s strategy to lead with compliance-driven software expertise in domestic and international markets and is its fourth acquisition during 2019. “Innervision has an enviable reputation within lease accounting software and the leasing market, particularly for organisations struggling with the complexity and frequency of the new lease accounting standards. Combined with our compliance heritage, cloud competence and international capability, this addition to the Group sits perfectly within our portfolio.” Kevin Dady, Executive Chairman of IRIS Software Group.

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