Ideagen plc (AIM:IDEA) acquired CompliancePath Holdings Limited for $12 million on November 15, 2021. Initial consideration of $6 million is payable in cash (of which $0.6 million is deferred for 12 months) plus a conditional deferred earnout of up to $6 million, payable over the next two years, linked to strong revenue and earnings growth.?For the year ended September 30, 2021, CompliancePath Holdings Limited reported revenue of $2.1 million and total common equity of $1.5 million. The acquisition was funded from the Group's existing resources. Ideagen plc (AIM:IDEA) completed the acquisition of CompliancePath Holdings Limited on November 15, 2021.