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InvestCloud acquires London-based rplan for $20M

InvestCloud LLC has acquired London-based rplan Ltd. for $20 million.

According to a press release, rplan is a provider of client engagement technology, supporting investment propositions for web and mobile.

The acquisition will enable rplan's direct-to-consumer capabilities to be made available to InvestCloud's global client base of more than 700 firms.

InvestCloud is a Los Angeles-based company, enabling the development of financial digital solutions which are pre-integrated into the cloud.