Announced
Financials
Sources
Tags
Acquisition
Private
Majority
software development
Australia
Cross Border
Software
Single Bidder
Pending
Friendly
accounting software
Synopsis
Access Group, a software company, agreed to acquire Accountants Practice Management Group, a provider of accounting practice management software, from Reckon, an Australian software company, for $70m. "The sale agreement with Access Group represents a compelling offer, which we believe is in the best interests of our shareholders. The transaction unlocks significant value for shareholders," Sam Allert, Reckon Group CEO.
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