Lockstep, the leader in connecting the world’s accounting teams, today announced it has signed an agreement to be acquired by The Sage Group plc (FTSE: SGE), the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses. The acquisition brings the resources of Sage to Lockstep to accelerate the pursuit of automating accounting workflows between companies and gives Sage access to the complementary tools and skills to deliver on its ambition to become the trusted network for SMBs. Under the acquisition, Sage will support Lockstep’s continued investment in innovative solutions, support it to expand developer APIs, and in the development of accounting integrations for third parties to create new applications and drive choice.
The Sage Group Signs Deal to Acquire Connected Accounting Leader Lockstep®
Aug 16, 2022
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