Auditing software developer CaseWare International has acquired 100 percent of the outstanding shares of Credence Software Ltd., the exclusive distributor of CaseWare products in the United Kingdom. 

The company will now be traded under CaseWare U.K. Limited, a subsidiary of CaseWare International Inc. Credence Software managing director Garry Tomlinson has moved on to other interests and Simon Warren will become managing director of CaseWare U.K. Limited.

“Since 1997, under Garry’s leadership, Credence has built a very successful business with many of the leading accounting firms and corporations in the U.K. using our products and services,” said CaseWare International CEO Dwight Wainman in a statement. “With the same team in place, CaseWare is committed to building on this success by adding more investment in local product development, support, and staff to meet the needs of our growing and expanding customer base”

“CaseWare has been a great partner and we are delighted with this further commitment to our customers, staff, and the U.K. marketplace,” said Warren. “We have a dedicated team of very talented individuals who will be working hard to continue to provide you with innovative products and services. Existing clients will benefit from increased investment in product development and support resources from CaseWare International.”

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access