AKA Enterprise Solutions, which sells Dynamics AX and GP, has taken over Green Beacon, which markets Dynamics CRM. AKA, based in New York, has $20 million in revenue for 75 employees, according to its submission for Bob Scott's Top 100 VARs. In 2015, it ranked No 33 on the Top 100 list. Based in Newton, Mass., Green Beacon will operate as AKA Green Beacon. The two companies were already working together.

Cloud software vendor Intacct has secured $40 million in financing through a new debt facility from Silicon Valley Bank. "When you are looking at long-term growth, you always have to watch the market and sometimes you take in money before you actually need it to ensure you have the flexibility to take advantage of new opportunities when they arise," CEO Robert Reid said in a prepared statement.

Cloud versions of Sage 50, which is really different products in different companies, drove revenue growth for Sage's first half ended March 31. And subscriptions continued to rise as license revenue fell—the latter off 9 percent in the United States. Overall, executives were in a good mood about results. In this week's earnings webcast, CEO Stephen Kelly said the company achieved "double-digit recurring revenue growth for the first time this decade."