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.