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Sage Group closes acquisition of Intacct

Sage Group plc on Aug. 3 closed its deal to acquire Intacct Corp. for a transaction value of $850.0 million.

Citigroup Global Markets Ltd. and Evercore Inc. were the financial advisers for Sage Group, and Skadden Arps Slate Meagher & Flom LLP was the legal adviser.

Morgan Stanley & Co. LLC was the financial adviser for Intacct , while Fenwick & West LLP was the legal adviser.