CDC Software Acquires Government Accounting Software Company iDC

CDC Software today announced it acquired Information Development Consultants (iDC), a cloud-based SaaS enterprise resource planning (ERP) software solution provider for the state and local government and not-for-profit markets.

This marks the latest acquisition in CDC Software’s SaaS roll-up strategy.

CDC Software acquired gomembers at the end of 2009 and offers on-demand SaaS and on-premise enterprise solutions for NFP and Quasi-Governmental Organizations. Last February, the company also bought computility, a SaaS association management software solution featuring integrated web modules and web collaboration tools for NFP organizations.

Terms of the deal were not disclosed.

The iDC solution will be integrated into the CDC gomembers enterprise product line and will help expand its solution into the state and local government markets.

Privately-held iDC is headquartered in Chicago and has developed the SaaS government fund accounting and ERP solution 4gov for state and local governments, as well as PlusFund for NFPs. The company supports customers that range in size from small communities to national governments and also includes state government agencies, cities, counties, airports, park districts and special agencies in the U.S., and NFPs.

In addition to gomembers and computility, CDC Software’s other recent SaaS acquisitions include Truition, an eCommerce solutions provider, and TradeBeam, a provider of SaaS global trade management solutions; and investments in eBizNET Solutions, a provider of SaaS supply chain execution solutions, and Marketbright, a SaaS marketing automation solutions provider.