BlackLine Acquires FourQ Systems
January 27, 2022
BlackLine, Inc. completed the acquisition of FourQ Systems, Inc. to integrate FourQ's intercompany financial management and tax/transfer-pricing capabilities into BlackLine's cloud financial operations platform. The deal closed Jan. 26, 2022 for $165 million in cash at close plus up to $75 million in earnouts, enhancing BlackLine's intercompany automation and compliance offerings for multinational finance teams.
- Buyers
- BlackLine, Inc.
- Targets
- FourQ Systems, Inc.
- Industry
- Software
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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