Wolters Kluwer completed the acquisition of IDS from Reynolds and Reynolds for $70m.

Wolters Kluwer, a global information services company, completed the acquisition of International Document Services, a developer of compliance and document generation software, from Reynolds and Reynolds, a software and document printing company, for $70m. “IDS is well-positioned to take advantage of continuing digital adoption trends and has a strong track record of innovation in the mortgage industry. This strategic and exciting acquisition will further solidify Wolters Kluwer’s market leadership in expert solutions for loan compliance and, alongside our eOriginal product suite, positions us as the leading provider of digital lending solutions," Steven Meirink, Wolters Kluwer Executive Vice President and General Manager, Compliance Solutions.