The Sage Group completed the acquisition of Lockstep.

The Sage Group, a British multinational enterprise software company that offers payroll, HR, and finance services, completed the acquisition of Lockstep, a provider of cloud native technology that automates accounting workflows between companies. Financial terms were not disclosed. "The acquisition of Lockstep represents an important milestone in our growth strategy. Its complementary portfolio of products, resources, and know-how accelerates our ambition to be the trusted network for SMBs. Working together we will continue to knock down the barriers that limit CFOs and accounting teams by streamlining their workflows, improving productivity and efficiency, and enabling them to focus on more valuable, human work," Aaron Harris, Sage CTO.