Acquisition Opportunity Conarc was acquired by IRIS Software Group in September 2021, signaling potential alignment with IRIS’ customer base and product ecosystem for cross-sell or integration partnerships in document management and workflow automation.

Growth Scale With a revenue range of 25 to 50 million and a mid-size employee base, there appears to be room for upsell of expanded document management, automation features, and premium integrations to drive higher ARR within existing accounts.

Tech Toolkit Their tech stack includes PHP, analytics, and marketing/CRM tools (Drift, HubSpot, Google Analytics, Google Fonts), presenting opportunities to offer modernization, migration services, or add-on modules that leverage these platforms.

Industry Fit Operating in the computer software space with a focus on document management and workflow automation, target similarly regulated or data-intensive industries that require robust document workflows and integration capabilities.

Contact & Expansion Leverage IRIS Software Group connection to approach joint selling, partner-enabled channels, or co-marketing initiatives while exploring international expansion or cross-border use cases given IRIS’ UK roots.