IRIS Software Group acquires Hosted Accountants

2nd April 2019

The UK’s leading mission-critical software and services provider, IRIS Software Group, is today announcing it has acquired Hosted Accountants, a provider of hosted desktop, telephony and other cloud-based technologies to UK accountancy firms.

Hosted Accountants was founded in 2008 to bring IT consultancy services to the UK Accountancy sector. Since 2015, the business has experienced strong growth driven by a partnership with IRIS for the provision of IRIS Hosting, its cost-effective, secure and scalable solution for accountancy practice IT management.

The acquisition further consolidates IRIS’ position as the leading provider of accountancy software. Hosted Accountants extends the IRIS portfolio through the provision of hosted services and other value-added IT support, including telephony and core IT services.

Kevin Dady, CEO of IRIS Software Group says, “As the industry moves to the digital economy, accountancy professionals are presented with a number of strategic options for business growth. Whether they are focused on traditional assurance and core compliance services or capitalising on value added opportunities; our mission is to provide best-in-class software and services to help them be more resilient in an ever-changing landscape. With 21,000 UK accountants, IRIS and Hosted Accountants are in an excellent position to support firms who wish to outsource their software hosting.”

David Watson, managing director of Indigo Group & Hosted Accountants says, “IRIS recognises the requirements and challenges for accountancy practices, regardless of size. Outsourced software hosting complements the IRIS portfolio, as it provides all-encompassing support and maintenance which helps drive efficiency in any practice. Hosted Accountants is delighted to join the IRIS team and we look forward to continue developing market driven solutions that deliver the productivity and compliance requirements of our customers.”

Hosted Accountants serves over 5,000 users and in addition to the hosted desktop solutions, the business provides a range of hosted services including online backup and continuity; cloud managed network and security; Microsoft Exchange and specific applications; hosted telephony and internet connectivity.