M&A Deal Summary

Wolters Kluwer Acquires IDS

On March 9, 2022, Wolters Kluwer acquired information services company IDS from The Reynolds and Reynolds for 70M USD

Acquisition Highlights
  • This is Wolters Kluwer’s 1st transaction in the Information Services sector.
  • This is Wolters Kluwer’s 8th largest (disclosed) transaction.
  • This is Wolters Kluwer’s 30th transaction in the United States.
  • This is Wolters Kluwer’s 1st transaction in Utah.

M&A Deal Summary
Date 2022-03-09
Target IDS
Sector Information Services
Buyer(s) Wolters Kluwer
Sellers(s) The Reynolds and Reynolds
Deal Type Divestiture
Deal Value 70M USD

Target

IDS

Draper, Utah, United States
IDS is a provider of mortgage documents and compliance services. IDS services include electronic signatures, closing documents, initial disclosures, document fulfillment, and integration with leading loan origination systems and eClosing platforms. IDS was founded in 1986 and is based in Draper, Utah.

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Buyer(S) 1

Buyer

Wolters Kluwer

Alphen aan den Rijn, Netherlands
Category Company
Founded 1836
Sector Information Services
Employees21,127
Revenue 5.6B EUR (2023)
DESCRIPTION

Wolters Kluwer is a global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer was founded in 1836 and is based in Alphen aan den Rijn, the Netherlands.

DEAL STATS #
Overall 56 of 59
Sector (Information Services) 1 of 1
Type (Divestiture) 7 of 7
State (Utah) 1 of 1
Country (United States) 30 of 31
Year (2022) 1 of 3
Size (of disclosed) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-29 LicenseLogix

White Plains, New York, United States

LicenseLogix is a premier provider of comprehensive business license services, including research, filing and ongoing compliance management. The company has been a strategic partner of GRC’s CT Corporation for over five years and today serves more than 800 corporate customers of all sizes and across all industries. CT Corporation is a leading U.S. provider of registered agent services, incorporation services, and legal entity compliance. LicenseLogix services are highly complementary to those of CT Corporation and will form an integral component of CT’s end-to-end legal entity compliance and managed services offerings. LicenseLogix was formed in 2011 and is based in White Plains, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-30 IJS Publishing Group

London, United Kingdom

IJS Publishing Group is a peer-reviewed medical journal supporting scientists and authors. The IJSPG portfolio consists of 10 journal titles, including the international journal of surgery, IJS case reports, and annals of medicine and surgery.

Buy -

Seller(S) 1

SELLER

The Reynolds and Reynolds

Kettering, Ohio, United States
Category Company
Founded 1970
Sector Software
DESCRIPTION

The Reynolds and Reynolds Company delivers software solutions and services that support every aspect of automotive retailing. Serving dealers since 1927, it is a leading provider of dealer management systems and associated products and services. Reynolds & Reynolds enables automobile dealers to sell more cars and to improve customer service.

DEAL STATS #
Overall 2 of 2
Sector (Information Services) 1 of 1
Type (Divestiture) 2 of 2
State (Utah) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-08 Gubagoo

Boca Raton, Florida, United States

Gubagoo is a provider of conversational commerce and retail solutions for both automotive dealerships and OEMs. Partnered with more than 6,500 dealerships worldwide, and over 90% of the top 150 dealer groups in America, Gubagoo's messaging platform instantly connects consumers to dealerships through live chat, text, video, Facebook Messenger, and other digital messaging channels, converting high quality leads, appointments, and sales for dealerships. Gubagoo was founded in 2012 and is based in Boca Raton, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-11 Motility Software

Maitland, Florida, United States

Motility Software is a provider of Powersports, Bus, Marine, Automotive, Class 8/Heavy Duty, and RV dealership software. Sys2K's Infinity software is a fully integrated, Windows-based DMS that features modules including CRM, F&I, Parts and Service, Payroll, Accounting, Rental, Advanced Reporting, as well as offering Premium Websites, Cloud Hosting, and Mobile Apps. Motility Software was founded in 1984 and is based in Maitland, Florida.

Buy -
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