Workwiva acquires Parseport
News

Workiva acquires ParsePort

M&A
Lundgrens assists the founding owners of ParsePort with their sale of the company to Workiva.

Lundgrens is pleased to have assisted the founders of ParsePort ApS in this great sale of the company to US public listed, Workiva (NYSE:WK), for a consideration of USD 100 mill..

ParsePort, which is a certified software solution that provides financial reporting in the XBRL and iXBRL format, helps authorities, banks, insurance companies, pension funds, auditors, and publicly listed companies report to ESMA (ESEF), GAAP, EBA (Corep / Finrep / CRDIV), EIOPA (Solvency II).

Workiva is a publicly listed company with the leading cloud platform for transparent reporting. With the acquisition of ParsePort, Workiva strengthens its XBRL and iXBRL financial disclosure position in Europe.