Announced
Completed
Financials
Sources
Tags
Australia
business solutions
Acquisition
Business Process Outsourcing
Majority
Friendly
Completed
Domestic
Private
Single Bidder
Synopsis
ReadyTech, a SaaS provider of next generation cloud-based software, completed the acquisition of IT Vision, a provider of business solutions for local government, port authorities and similar industries, for $55m. “IT Vision are well very aligned with our customer-centric, future-focused culture, and I am excited to welcome the team into the ReadyTech stable. With an expanded geographic footprint, a rich suite of technology offerings, and enhanced scale and digital transformation on the agenda, we have a considerable opportunity to augment our market share in the local government software market," Marc Washbourne, ReadyTech Co-Founder and CEO.
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