Wolters Kluwer completes acquisition of IDS
08 April 2022 - 04:15PM
Wolters Kluwer completes acquisition of IDS
Wolters Kluwer completes
acquisition of IDS
April 8, 2022 — Wolters Kluwer
Governance, Risk & Compliance (GRC) today
announces that it has completed the acquisition of
IDS.
On March 9, 2022, Wolters Kluwer GRC announced that it signed an
agreement with The Reynolds and Reynolds Company to acquire
International Document Services, Inc. (IDS), a leading U.S.
provider of compliance and document generation software solutions
for the mortgage and real estate industry, for approximately $70
million in cash.
---
About Wolters KluwerWolters
Kluwer (WKL) is a global leader in professional information,
software solutions, and services for the healthcare; tax and
accounting; governance, risk and compliance; and legal and
regulatory sectors. We help our customers make critical decisions
every day by providing expert solutions that combine deep domain
knowledge with specialized technology and services.
Wolters Kluwer reported 2021 annual revenues of €4.8 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 19,800
people worldwide. The company is headquartered in Alphen aan den
Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and
are included in the AEX and Euronext 100 indices. Wolters Kluwer
has a sponsored Level 1 American Depositary Receipt (ADR) program.
The ADRs are traded on the over-the-counter market in the U.S.
(WTKWY).
For more information, visit www.wolterskluwer.com, follow us on
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affecting Wolters Kluwer’s businesses, as well as risks related to
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foregoing list of factors should not be construed as exhaustive.
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result of new information, future events or otherwise.
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- 2022.04.08 Wolters Kluwer completes acquisition of IDS
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