Accounting software giant Sage has acquired Mateo cloud savings and loan software from US-based MAS Integrated Solutions.
Mateo, a specialist cloud-based savings and loans software designed to help Roman Catholic diocesan organisations, is already integrated with Sage's financial management system, Sage Intacct.
The deal, the value of which remains undisclosed, means MAS Integrated Solutions founder and CEO Dan Michaud will join Sage.