insightsoftware, a global leader in reporting, analytics, and performance management solutions, has acquired LeaseAccelerator, a Reston, Virginia-based provider of automated solutions for lease accounting, real estate lease administration, competitive lease sourcing, and lease lifecycle management. The financial terms of the deal were not disclosed.
Expanding Market Reach and Capabilities
The acquisition enhances insightsoftware’s lease accounting and administration solutions and extends its market reach in the U.S. With the addition of LeaseAccelerator’s suite of solutions, including EZLease, PureLease, and LeaseController, insightsoftware is strengthening its lease offerings and expanding its capabilities on a global scale.
LeaseAccelerator’s Expertise
Led by CEO Michael Keeler, LeaseAccelerator provides enterprise lease lifecycle automation software designed to ensure compliance, improve operational efficiency, accelerate emissions reductions, and free up cash. Its platform serves enterprise, mid-market, and SMB customers, automating and scaling lease processes to eliminate manual work and deliver consistent and complete lease data. LeaseAccelerator’s platform boasts certified connections to all major ERP and accounting platforms such as SAP, Oracle, Microsoft, JDE, Infor, Workday, Netsuite, Siebel, and Salesforce. This ensures synchronized data and accurate reporting for thousands of users managing and automating 900,000 real estate and equipment leases valued at $250 billion across 2 million assets in 142 countries.
insightsoftware’s Strategic Growth
insightsoftware provides comprehensive solutions for the Office of the CFO, including financial planning and analysis (FP&A), accounting, and operations. The company’s solutions enable automated processes, deliver insights, boost predictability, and increase productivity. Over the past six years, insightsoftware has acquired 28 companies, with three acquisitions in 2024 alone, including LeaseAccelerator, FXLoader, and Fiplana.
This strategic acquisition of LeaseAccelerator underscores insightsoftware’s commitment to expanding its product offerings and delivering enhanced value to its customers through comprehensive and integrated lease accounting and management solutions.
