ACRE announced the acquisition of TDS based in Dublin, Ireland. TDS provides cloud-based workspace solutions that will complement the existing ACRE portfolio including the Vanderbilt, RS2, and Open Options brands. This purchase will enhance ACRE’s strategic expansion plans for strengthening the product portfolio and geography in the UK and Europe. Financial details of the transaction were not released.Financial details of this acquisition were not immediately released; TDS founder Frank Hart and board member Sean Murphy will remain with TDS.
Source: https://www.helpnetsecurity.com/2021/04/27/acre-tds/