Iris Software Group (Iris), the global software provider of accountancy solutions, has announced the acquisition of Conarc, a US document management software for CPA firms.
The transaction marks a further extension to Iris’ North American operations, having recently acquired Doc.it in July 2021.
Already working with 50 of the US’ top 100 CPA firms, Iris claimed that the Conarc takeover will provide its clients with “the latest in a growing suite of innovative solutions” at the firm.
Elona Mortimer-Zhika, CEO at Iris, said: “Conarc joining the Iris family is another step in expanding our presence and unlocking significant growth opportunities in North America, delivering the best-of-breed software solutions CPA firms need to succeed in today’s constantly changing business landscape.
“Conarc complements our Iris mission of helping accountancy professionals thrive and I’m delighted to welcome the team to our family.”
Founded in 1996, Conarc enables CPA groups to connect all of their accounting information in one place through its iChannel software solutions.
Meredith Jolly, CEO at Conarc, added: “We’ve spent over two decades at Conarc working with CPA firms to design and develop solutions that enable them to enhance their productivity and expand their operations.
“With the incredible Iris resources and working with a brilliant Iris team, we’ll be able to take our offering to the next level. We’re delighted to be joining the group.”