Investment Summary

IRIS Invests In Doc.It

On July 22, 2021, IRIS invested in software company Doc.It

Investment Highlights
  • This is IRIS’s 8th transaction in the Software sector.
  • This is IRIS’s 1st transaction in Canada.
  • This is IRIS’s 1st transaction in Ontario.

Investment Summary

Date 2021-07-22
Target Doc.It
Sector Software
Investor(s) IRIS
Deal Type Acquisition Financing

Target

Doc.It

Ancaster, Ontario, Canada
Doc.It software solutions enable CPA firms to reduce administrative workloads and improve productivity, allowing accountants and tax professionals to focus on growing their firms and providing value-added services to customers. Doc.It was formed in 2001 and is based in Ancaster, Ontario.

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Investor(S) 1

Investor

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 20 of 25
Sector: Software M&A 8 of 10
Type: Acquisition Financing M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-14 Senta

Bristol, United Kingdom

Senta is a cloud-based practice management software for accountants and bookkeepers. Senta is dedicated to making accountancy practices more profitable and scalable with a ‘customer-first’ approach.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-22 Invu

Northampton, United Kingdom

Invu is a provider of computer software for the electronic management of information and documents. Invu provides electronic management for various information and documents, such as forms, correspondence, literature, faxes, email, technical drawings, electronic files, and Web pages. It serves small and medium size enterprise markets, as well as individual departments of organizations. The company operates in the United Kingdom, Ireland, and the Netherlands. Invu was founded in 1997 and is based in Northampton, United Kingdom.

Sell -