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IDS Acquires White Clarke Group To Create “Secured Finance Powerhouse” UK-based software company White Clarke Group has been acquired by US-headquartered IDS in a deal that creates a “secured finance technology powerhouse”. The terms of the deal – which is expected to close before the end of Q2 2021 – have not been disclosed. Together, the combined company will serve more than 300 customers across North America, Europe and Asia Pacific and will be co-headquartered in Minneapolis and Milton Keynes. “Global business has entered a new long-term investment cycle driven by the rapid evolution of technology,” said David Hamilton, CEO of IDS. “Smart factories, connected-assets (IoT), green-energy and many other technology innovations will bring about exciting new economic growth opportunities which will require access to capital from secured finance firms.

United statesUnited kingdomBrendan gleesonAnna leppRay wizbowskiAsia pacificElliot preeceDavid hamiltonWhite clarke groupUnited kingdom basedNorth americaFive arrows principal investmentsWhite clarkeCustomer acquisitionLifecycle management systemClarke group