BlackLine completed the acquisition of FourQ for $240m.

BlackLine, a software as a service platform, completed the acquisition of FourQ, a developer of an intercompany financial management platform, for $240m. "FourQ and BlackLine share a vision to help optimize customers' global operations for greater profitability and efficiency while freeing F&A teams to focus on strategic aspects of their business. At the same time, FourQ meets a need in the Office of the Controller that is highly complementary to BlackLine's comprehensive financial operations management platform. I look forward to reducing the headaches caused by messy intercompany accounting processes and further cementing BlackLine's market-leading position as we join forces to help customers continue to advance their intercompany journeys," Varun Tejpal, FourQ Co-Founder and CEO.