B2B information. Wolters Kluwer, the €4.5bn-revenue information services group, has acquired eVision Industry Software BV, a global provider of industrial operational risk management software, for $145m plus earn-out. eVision is a global leader in industrial operational risk management software for the oil & gas, chemical, and pharmaceutical industries. It serves five of the oil & gas majors and is expanding into chemicals and pharmaceuticals. eVision recorded revenues of $25m in 2017 and is expected to achieve double-digit revenue growth in 2018. While its on-premise software remains in strong demand, future growth is expected to be driven primarily by recurring revenue from its cloud-based offerings. Up to $35m in additional consideration is linked to performance.
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Wolters Kluwer buys eVision software
