Announced

Completed

IRIS Software Group completed the acquisition of Dext from Hg Capital for £500m.

Synopsis

IRIS Software Group, a global provider of accountancy, education management, HR and payroll solutions, completed the acquisition of Dext, a bookkeeping automation platform provider, from Hg Capital, a private equity firm, for £500m. "Joining forces with IRIS marks an exciting new chapter for Dext. This partnership enables us to accelerate our product innovation, deepen our integration program, and deliver a complete, end-to-end solution to our customers. I look forward to working alongside the IRIS team to unlock new opportunities for our customers and offer our team members expanded opportunities for personal and professional growth," Sabby Gill, Dext CEO.

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