Sage Group to Acquire Lockstep
August 16, 2022
The Sage Group plc agreed to acquire Lockstep, a cloud-native provider of “connected accounting” that automates accounting workflows between companies. The deal expands Sage’s digital network for small and mid-sized businesses by adding Lockstep’s API platform and workflow automation capabilities, with Lockstep’s management team joining Sage to support the growth initiative.
- Buyers
- The Sage Group plc
- Targets
- Lockstep
- Industry
- Cloud & SaaS
- Location
- Washington, United States
- Transaction Type
- Buyout
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