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CALUMO acquired by global financial reporting provider

DLA Piper has advised insightsoftware on its acquisition of Australian-headquartered company CALUMO.

July 28, 2021 By Emma Musgrave
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CALUMO acquired by global financial reporting provider
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Firms: DLA Piper (insightsoftware); undisclosed (CALUMO).

Deal: insightsoftware has acquired CALUMO.

 
 

Value: Undisclosed.

Area: M&A, corporate.

Key players: The DLA Piper Australia team was led by corporate partner Andrew Fisken and included solicitors Tara Alexander, Jessie Li and Kimberley Chee.

The team was supported by employment support from partner Rick Catanzariti and solicitors Talitha Maugueret and Jessica Lim, as well as intellectual property and technology partner Nicholas Boyle, senior associate Sylvana Romero and trademark administrator Annie George.

DLA Piper’s US team also supported on corporate and tax issues and included Bradley Gersich, Michael Cubell, Eileen O'Pray and Grace Guan.

Deal significance: insightsoftware is described as a “global provider of financial reporting and performance management solutions for the Office of the CFO”.

Meanwhile, CALUMO is an Australia-based business intelligence and corporate performance management (CPM) platform.

“insightsoftware operates in every region of the world, with customers in more than 130 countries and a community of thousands of channel partners,” a statement from DLA Piper said.

“CALUMO is a leading provider of Business Intelligence and Corporate Performance Management solutions for enterprise-wide Budget and Planning, Business Analytics, and Reporting. The company is headquartered in Sydney, Australia.”

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