HG-backed IRIS Software Group completed the acquisition of Swipeclock for $190m.

HG-backed IRIS Software Group, a provider of software solutions, completed the acquisition of Swipeclock, a Work Tech solutions provider, for $190m. “Swipeclock is an excellent addition to the IRIS product portfolio and team. By bringing WorkforceHub and ApplicantStack into our core accountancy and HCM product families, we are broadening the solutions we deliver to customers by enhancing the capability and value of their technologies and businesses. I’m so pleased to combine forces with a company like Swipeclock that is investing in the future of work and bringing core technologies like geofencing and facial recognition time tracking to market. Together, we are making best-in-class product features available to businesses of all sizes,” Jim Dunham, IRIS Software Group President and General Manager.