The Sage Group to acquire the remaining 83% stake in Brightpearl for $299m.

The Sage Group, a software services company, agreed to acquire the remaining 83% stake in Brightpearl, a software developer, for $299m. “Sage’s purpose is to knock down barriers so everyone can thrive. Together, Sage and Brightpearl will remove the barriers that hold back retailers and wholesalers, streamlining their systems and enabling them to focus on growth. I’m delighted to welcome Brightpearl, its management team and colleagues to Sage, and look forward to executing on our strategic priorities together and delivering accelerated growth," Steve Hare, Sage CEO.