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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
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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Emma Musgrave

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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