Wolters Kluwer Governance, Risk & Compliance (GRC) has sold its Flood Determinations Solution to LERETA for an undisclosed sum. In 2020, the flood determination services business being acquired by LERETA is expected to have revenues of less than $5 million.
In partnership with LERETA, Wolters Kluwer will continue to enable its lending customers to purchase flood determination services through its lending solutions.
Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.
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