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  5. IRIS Acquires BioStore

M&A Deal Summary

IRIS Acquires BioStore

On January 7, 2019, IRIS acquired information technology company BioStore

Acquisition Highlights
  • This is IRIS’s 1st transaction in the Information Technology sector.
  • This is IRIS’s 14th transaction in the United Kingdom.

M&A Deal Summary
Date 2019-01-07
Target BioStore
Sector Information Technology
Buyer(s) IRIS
Deal Type Add-on Acquisition

Target

BioStore

Newcastle upon Tyne, United Kingdom
BioStore Ltd. is an IT provider developing identity management technologies. Providing high quality, secure systems for schools and businesses, BioStore’s solutions make it easy to manage the various software applications in use through a secure central user database. BioStore Ltd. was founded in 2005 and is based in Newcastle upon Tyne, United Kingdom.

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Buyer(S) 1

Buyer

IRIS

Slough, United Kingdom
Category Company
Founded 1978
Sector Software
DESCRIPTION

IRIS is a private software house supplying business management solutions to over 60,000 customers, from start-ups to large organisations. IRIS was founded in 1978 and is based in Slough, United Kingdom.

DEAL STATS #
Overall 14 of 25
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 14 of 23
Country: United Kingdom M&A 14 of 20
Year: 2019 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-23 Taxfiler

Hemel Hempstead, United Kingdom

Taxfiler Ltd. is a cloud tax and accounts provider for small accountancy practices. Taxfiler Ltd. was established in 2012 and is based in Hemel Hempstead, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-14 FMP Global

London, United Kingdom

Eurowage Ltd. is a provider of payroll and HR services to international and the UK based Small and medium-sized Enterprises. Eurowage is based in London, United Kingdom.

Buy -
Mergr

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