New-York based ION Investment Group has completed its acquisition of Reval, the cloud-based software for treasury and risk management provider. Financial terms were not disclosed. Reval’s software-as-a-service (SaaS) platform is now part of ION’s corporate treasury division, which also includes the Wallstreet Suite, IT2, City Financials and Treasura solutions.
“ION provides Reval the stability of long-term ownership, enabling focus on product innovation and customer success,” the group said in a short press statement confirming that the deal, first announced less than four weeks ago, was finalised on November 1.