ION completes acquisition of Reval
Completion of the deal comes less than four weeks after it was first announced.
Completion of the deal comes less than four weeks after it was first announced.
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.
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