News and Analysis

News and Analysis (15424)

INTACCT LEADER LEAVES NET AT WORK

 Tom Thornton, who has led the Intacct practice at Net at Work, has left the position he has held since April 2021.

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IFS BUYS AVIATION UNIT

IFS has acquired EmpowerMX, which makes aviation maintenance software.

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VISMA REVS JUMP 21 PERCENT

 Revenue for ERP vendor Visma reached about $762.9 million for the second quarter ended June 30, a year-over-year increase of 21 percent.

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DEROSA JOINS DEAN DORTON

 DeRosa Mangold Consulting has become part of accounting firm Dean Dorton this month.

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SWK’S FIT IN NEW PARENT?

 Many are wondering how SWK Technologies fits in QXO, the renamed parent company that was SilverSun Technologies.

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ARMANINO’S MESCAL RETIRES

Tom Mescal, a partner who held leadership positions at Armanino, has retired from the from after more than 20 years.

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INTUIT TO FIRE 1,800 NEWS

 Intuit will chuck about 10 percent of its workforce as it pivots to greater investment in AI. The total is 1,800 employes with the software company also planning to cut 10 percent of employees with jobs of director or higher.

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INFOR NABS TWO BUSINESSES

 ERP software company Infor has acquired two companies, Albanero and Acumen. It has been some time since Infor, which was very active in M&A, has announced any deals.

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EVERGREEN BUYS ETHOSYSTEMS

Evergreen Services Group continued on its buying path in the mid-market this month with the acquisition of EthosSystems.

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ECI BUYS BUILDER MT UNIT

 ECI Software Solutions has acquired two residential home construction software business unit from MiTek.

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