Information Services Corporation (TSX:ISV) acquired Enterprise Registry Solutions Ltd. for €14.8 million on January 23, 2017. As per the terms of agreement, Information Services Corp paid CAD 14 million (€9.8 million) on completion and will pay upto €5 million as a contingent payment on the retention of existing leadership and realization of future business. Information Services Corp financed the acquisition using a combination of cash and the Company’s existing debt facility. The acquisition of ERS is not expected to be immediately accretive to ISC's earnings per share in 2017. Origin Merchant Partners acted as exclusive financial advisor to Information Services Corporation. Currency conversions were done through www.oanda.com as of January 23, 2017. Information Services Corporation (TSX:ISV) completed the acquisition of Enterprise Registry Solutions Ltd. on January 23, 2017.