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AMS Services, Inc. acquired FinancePro

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closed 3/16/2006 via BusinessWire
 
 
 
 
 
 
 
 

AMS Services, Inc. acquired FinancePro

synopsis: AMS Services acquires FinancePro, a Web-based solution for premium finance loan management and agent quoting. FinancePro is currently in use by large independent finance companies as well as leading MGAs. In addition, FinancePro is in use by an increasing number of retail agencies that want to provide their own financing offerings to their customer
buyer parent:Vertafore, Inc.
buyer: AMS Services, Inc.
Vertafore, Inc. d/b/a AMS Services is dedicated to helping independent insurance agencies achieve maximum performance and operational efficiency.
target: FinancePro
Based in Issaquah, Washington, FinancePro is the leading Web-based premium finance loan management system. The company services large and small independent premium finance businesses as well as MGA- and agency-based finance companies.
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closed 6/23/2009 via BusinessWire
 
 
 
 
 
 
 
 

UniRisX, LLC acquired UniRisX, Ltd.

synopsis: UniRisX, LLC announced the successful acquisition of UniRisX Ltd, the leading SaaS provider of global insurance services, and concurrent formation of parent company UniRisX, LLC.
buyer: UniRisX, LLC
UniRisX, LLC was formed for the specific purpose of acquiring UniRisX, Ltd.
target: UniRisX, Ltd.
UniRisX, LLC is the world’s leading global provider of SaaS insurance solutions with 15 global clients with a user base in nine countries and five continents.
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announced 11/10/2008 via BusinessWire
 
 
 
 
 
 
 
 

Ebix, Inc. will acquire ConfirmNet Corporation

synopsis: Ebix, Inc., a leading international developer and supplier of software and e-commerce solutions to the insurance industry, announced that it has signed an agreement to acquire San Diego based ConfirmNet Corporation effective November 1, 2008.
buyer: Ebix, Inc.(EBIX:$168.97)
Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development.
target: ConfirmNet Corporation
ConfirmNet Corporation offers Web-based software solutions that automate and manage the issuance and/or tracking of certificates of insurance (COI).
price ($mm)
$7.36
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closed 4/8/2008 via BusinessWire
 
 
 
 
 
 
 
 

Envision Technology Solutions acquired Claims Harbor

synopsis: Peak Performance Solutions, Inc. has completed the acquisition of Claims Harbor www.claimsharbor.com, which provides insurance applications and services to the property & casualty insurance industries. Claims Harbor was a business unit of Harbor Payments, acquired by American Express in 2007.
buyer parent:Peak Performance Solutions
buyer: Envision Technology Solutions
Envision Technology Solutions provides a broad array of RMIS tools for professionals in the fields of risk management, claims administration, and safety. Our tools are in use by self-funded (self-insured) and/or self-administered organizations that are leaders in their industries.
target parent: American Express Company
target: Claims Harbor
Claims Harbor is the insurance automation and disbursement unit of Harbor Payments, Inc., a leading provider of electronic presentment and payment solutions. Claims Harbor focuses on deploying electronic claims processing, reporting and disbursement applications to its customers.
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closed 11/23/2010 via BusinessWire
 
 
 
 
 
 
 
 

Prima Solutions acquired Albiran

synopsis: Prima Solutions announces the acquisition of the Paris-based insurance software provider, Albiran. Albiran is the perfect complement to Prima Solutions’ product set and expertise. Together, Prima Solutions and Albiran form the one stop shop for insurance software.
buyer: Prima Solutions
Prima Solutions provides brokers, insurance, mutual insurance and reinsurance companies with complete software offering for Life, P&C, Large Commercial Risks and Reinsurance.
target: Albiran
Albiran has provided web-based insurance software solutions to companies like Generali, Allianz, Altima, Gras Savoye and April Group to launch new insurance products, diversify their distribution networks, increase their customers’ satisfaction and optimize their operational efficiency.
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announced 9/27/2010 via BusinessWire
 
 
 
 
 
 
 
 

Ebix, Inc. will acquire USIX Technology

synopsis: Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has signed an agreement to acquire Rio de Janeiro-based Insurance Exchange - USIX Technologies, Inc.
buyer: Ebix, Inc.(EBIX:$168.97)
Ebix, Inc. provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry.
target: USIX Technology
USIX Technology is an exchange player in the Brazilian insurance markets, the Company provides Internet based sales solutions in an on-Demand manner to the insurance carriers and brokers in Brazil.
price ($mm)
$7.92
rev ($mm)
$3
EBITDA ($mm)
price / rev
5
price / EBITDA
closed 1/11/2010 via BusinessWire
 
 
 
 
 
 
 
 

Ebix, Inc. acquired MCN Technology & Consulting

synopsis: Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has acquired Sao Paulo based MCN Technology & Consulting. MCN offers products and services for insurance companies, financial institutions and insurance brokers in
buyer: Ebix, Inc.(EBIX:$168.97)
Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development.
target: MCN Technology & Consulting
Since its inception in 2001, MCN has focused itself on the insurance industry through its portfolio of products and services for insurance companies, financial institutions and insurance brokers.
price ($mm)
$3.10
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closed 8/31/2005 via BusinessWire
 
 
 
 
 
 
 
 

Fiserv, Inc. acquired VerticalPoint, Inc.

synopsis: Fiserv Inc. (Nasdaq:FISV) announced today that it has acquired VerticalPoint, Inc., a provider of underwriting software to the life and health insurance market. The acquisition will allow Fiserv's Insurance Solutions Group to offer a Web-based, new-business workflow portal solution to life insurance carriers.
buyer: Fiserv, Inc.(FISV:$4,133.00)
Fiserv, Inc. provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing software and systems solutions.
target: VerticalPoint, Inc.
VerticalPoint, Inc. is a premier solutions provider for the insurance industry. The company has offered insurance industry related software products, business underwriting system solutions and consulting services since 1987.
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closed 11/2/2005 via BusinessWire
 
 
 
 
 
 
 
 

Fiserv, Inc. acquired Xcipio, Inc.

synopsis: Fiserv, Inc. has acquired Xcipio, Inc., a Web-based insurance rating and automation solution provider, as part of its plan to expand its technological footprint in the insurance industry. The acquisition will allow Fiserv to provide Web-based comparative insurance rates directly from insurance carriers to producers in real time.
buyer: Fiserv, Inc.(FISV:$4,133.00)
Fiserv, Inc. provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing software and systems solutions.
target: Xcipio, Inc.
Xcipio’s flagship product called XcelerRator, is providing independent insurance agents and their carriers with the industry’s first successful automated, single entry system that provides real time quoting, underwriting, tiering and straight through processing.
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closed 1/19/2006 via BusinessWire
 
 
 
 
 
 
 
 

Peak Performance Solutions acquired PolicyPointe

synopsis: Peak Performance, a leading provider of insurance technology solutions and services for the property and casualty insurance industry, announces the acquisition of PolicyPointe.
buyer: Peak Performance Solutions
Peak Performance Solutions offers comprehensive, end-to-end insurance software and technology solutions in the areas of workers’ compensation claims processing, risk management claims administration, managed care tracking and backend policy administration.
target: PolicyPointe
PolicyPointe is a Web-based software system that was developed to provide an innovative solution to manage policy workflow while reducing administrative costs and improving customer service for high-volume lines of coverage.
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closed 9/5/2006 via BusinessWire
 
 
 
 
 
 
 
 

Accenture acquired NaviSys

synopsis: Accenture has completed its previously announced acquisition of NaviSys, a privately held company that specializes in software solutions for the North American life insurance industry.
buyer: Accenture(ACN:$27,352.91)
Accenture is a global management consulting, technology services and outsourcing company. Accenture collaborates with clients to help them become high performance businesses and governments.
target: NaviSys
NaviSys was founded on the belief that innovative technology, wisely applied, could help dramatically improve the way insurance companies operate. With a deep understanding of the insurance industry, NaviSys launched its first software products more than two decades ago.
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closed 8/10/2006 via PR Newswire
 
 
 
 
 
 
 
 

ChoicePoint, Inc. acquired Steel Card, LLC

synopsis: ChoicePoint,announced the acquisition of California-based Steel Card, LLC and its award-winning Apogee product line. Terms of the acquisition were not disclosed. Steel Card and its products will be integrated into ChoicePoint's insurance software and process outsourcing business, Insurity, based in Hartford, Connecticut.
buyer: ChoicePoint, Inc.(CPS:$981.96)
ChoicePoint helps businesses, government agencies and nonprofit organizations make better decisions through information and technology solutions.
target: Steel Card, LLC
Steel Card is a privately held software company focused on creating solutions for the Property & Casualty insurance marketplace.
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closed 5/1/2010 via BNC Analysis
 
 
 
 
 
 
 
 

ExlService Holdings, Inc. acquired PDMA Inc

synopsis: ExlService Holdings Inc, a business process outsourcing firm, has snapped up PDMA Inc, maker of an insurance policy administration platform which is used by around 40 global insurers. The purchase price for PDMA is $14.1 million in cash (net of working capital adjustments) and expected annualized revenues are approximately $10 million.
buyer: ExlService Holdings, Inc.(EXLS:$360.54)
EXL (NASDAQ: EXLS) is a leading provider of Transformation and Outsourcing services to Global 1000 companies in multiple industries including insurance, banking, financial services, utilities, transportation and travel.
target: PDMA Inc(EXLS:$360.54)
Professional Data Management Again, Inc. offers administrative solutions through its product LifePRO, which offers client/server based solutions for life insurance, health insurance, and annuity administration. The company was founded in 2001 and is based in Indianapolis, Indiana.
price ($mm)
$14
rev ($mm)
$10
EBITDA ($mm)
price / rev
1.4
price / EBITDA
closed 12/31/2008 via BusinessWire
 
 
 
 
 
 
 
 

Ravello Solutions, LLC acquired KLJ Computer Solutions Inc.

synopsis: Ravello Solutions announced the acquisition of KLJ Computer Solutions Claims Management Technology. The acquisition, which closed last year, puts Ravello in a position to provide solutions for the entire insurance workflow spectrum.
buyer: Ravello Solutions, LLC
Ravello Solutions is a leading provider of insurance technology solutions designed to help carriers in the commercial lines property and casualty market streamline business processes by moving policy administration to the Web.
target: KLJ Computer Solutions Inc.
KLJ Computer Solutions Inc. is focused on web-based product development and support, and is a leader in the provision of specialized solutions to two verticals - insurance / risk management and self-regulated licensing bodies.
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closed 4/25/2008 via BusinessWire
 
 
 
 
 
 
 
 

Ebix, Inc. acquired Periculum Services Group

synopsis: Ebix, Inc., a leading international developer and supplier of software and e-commerce solutions to the insurance industry, has acquired Michigan-based Periculum Services Group and merged it with its existing certificate tracking division Ebix BPO – IDS.
buyer: Ebix, Inc.(EBIX:$168.97)
Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development.
target: Periculum Services Group
Periculum Services Group was established in 1999 as an extension of a certificate tracking software project completed in 1998. Periculum has emerged as one of the key players in the insurance certificate tracking industry with a customer base spread across many different industries.
price ($mm)
$1.10
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closed 1/3/2012 via BusinessWire
 
 
 
 
 
 
 
 

Cover-All Technologies, Inc. acquired BlueWave Technology, Inc

synopsis: Cover-All Technologies Inc. announced the acquisition of the assets of BlueWave Technology, including its innovative insurance claims solution software, PipelineClaims™, in a cash transaction. The addition of a leading Claims solution is an important milestone in Cover-All’s expansion of solutions to the property and casualty industry.
buyer: Cover-All Technologies, Inc.(COVR:$17.46)
Cover-All Technologies Inc. is a leader in developing sophisticated software solutions for the property and casualty insurance industry. Its innovative technology solutions revolutionize the way the property and casualty insurance business is conducted.
target: BlueWave Technology, Inc
BlueWave Technology offers a comprehensive claims solution for insurance companies, Third Party Claims Administrators and other insurance entities. Their flagship product, PipelineClaims™ is a flexible, easy-to-use, functionally rich and efficient claims solution.
price ($mm)
$0.64
rev ($mm)
$1
EBITDA ($mm)
price / rev
3.3
price / EBITDA
closed 5/24/2011 via PR Newswire
 
 
 
 
 
 
 
 

Avizent Risk acquired FARA Insurance Services

synopsis: Avizent has announced the acquisition of F.A. Richard and Associates (FARA), a nationwide provider of claims administration and risk management solutions based in Mandeville, Louisiana. FARA provides workers' compensation and liability claims management services through its leading edge, web-based technology.
buyer: Avizent Risk
Avizent, based in Columbus, Ohio, is one of the most innovative claims and risk management service providers in the United States. They offer client-defined solutions in claims management, managed care, and alternative risk / captive programs. The company has over 40 locations nationwide.
target: FARA Insurance Services
Founded in 1978 and headquartered in Mandeville, Louisiana, F.A. Richard and Associates, Inc. is a nationwide insurance services provider of risk management and claims administration solutions for insurance companies, self-insured corporations and government entities.
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announced 3/3/2011 via BusinessWire
 
 
 
 
 
 
 
 

Fortegra Financial Corporation will acquire eReinsure.com, Inc.

synopsis: Fortegra Financial Corporation, an insurance services company, has announced that it has agreed to acquire eReinsure.com, Inc., an industry leader in web-based technologies for reinsurance process control, information management and compliance functions.
buyer: Fortegra Financial Corporation(FRF:$186.11)
Fortegra Financial Corporation is an insurance services company that provides distribution and administration services and insurance-related products to insurance companies, insurance brokers and agents and other financial services companies in the United States.
target: eReinsure.com, Inc.
eReinsure is the leading online platform for managing the placing of reinsurance. The system combines a trusted environment for information exchange and negotiation with easy access and high standards of data security.
price ($mm)
$37
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closed 2/2/2006 via PR Newswire
 
 
 
 
 
 
 
 

ChoicePoint, Inc. acquired ELIOS, Inc.

synopsis: ChoicePoint announced the acquisition of ELIOS, Inc., a leading loss payee notification company for the Property and Casualty insurance industry. ELIOS notifies vehicle finance companies and mortgage holders of policy coverage and lapses in coverage for its insurance clients. Terms of the acquisition were not disclosed.
buyer: ChoicePoint, Inc.(CPS:$981.96)
ChoicePoint helps businesses, government agencies and nonprofit organizations make better decisions through information and technology solutions.
target: ELIOS, Inc.
ELIOS Inc. incorporated in 1999 as a loss payee notification services for automobile, homeowner, flood, farm, watercraft, and vacation home policies. Over 250 insurance carriers rely on ELIOS' Paperless Solutions Technologies for the accurate and timely delivery of their notifications.
price ($mm)
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closed 3/11/2011 via PR Newswire
 
 
 
 
 
 
 
 

Crawford & Company acquired ClaimHub, Inc.

synopsis: Crawford & Company, the world's largest independent provider of claims management solutions, has acquired the assets of ClaimHub Inc., a leading provider of claims workflow solutions for the property and casualty insurance market.
buyer: Crawford & Company(CRD.B:$1,110.80)
Crawford & Company is the world's largest independent provider of claims management solutions to insurance companies and self-insured entities, with a global network of more than 700 offices in 63 countries. Major service lines include property and casualty claims management.
target parent: JPB Capital Partners
target: ClaimHub, Inc.
ClaimHub, Inc. is a web-based workflow solution enabling property and casualty insurance companies, self-insureds, third-party administrators, and adjusters to maximize the efficiency of managing and administering loss claims for auto physical damage, property and catastrophic events.
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closed 3/16/2006 via BusinessWire

AMS Services, Inc. acquired FinancePro

synopsis: AMS Services acquires FinancePro, a Web-based solution for premium finance loan management and agent quoting. FinancePro is currently in use by large independent finance companies as well as leading MGAs. In addition, FinancePro is in use by an increasing number of retail agencies that want to provide their own financing offerings to their customer
buyer parent:Vertafore, Inc.
buyer: AMS Services, Inc.
Vertafore, Inc. d/b/a AMS Services is dedicated to helping independent insurance agencies achieve maximum performance and operational efficiency.
target: FinancePro
Based in Issaquah, Washington, FinancePro is the leading Web-based premium finance loan management system. The company services large and small independent premium finance businesses as well as MGA- and agency-based finance companies.
price ($mm)
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closed 9/29/2006 via PR Newswire

AMS Services, Inc. acquired PRIORITY Data Systems, Inc.

synopsis: ChoicePoint announced its signing of a strategic alliance agreement with AMS Services that will extend ChoicePoint's capabilities for data sales to thousands of additional insurance agents and industry professionals nationwide. The agreement was signed simultaneously with the sale of ChoicePoint's Priority Data Systems business to AMS Services.
buyer parent:Vertafore, Inc.
buyer: AMS Services, Inc.
Vertafore, Inc. d/b/a AMS Services is dedicated to helping independent insurance agencies achieve maximum performance and operational efficiency.
target parent: ChoicePoint Asset Company LLC.
target: PRIORITY Data Systems, Inc.
PRIORITY focuses on streamlining processes. This enabled the offering of customized solutions to insurance agents and carriers through comparative and proprietary rating programs for auto, home, dwelling, business owners, farm, and commercial lines.
price ($mm)
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closed 3/16/2006 via BusinessWire

AMS Services, Inc. acquired FinancePro

synopsis: AMS Services acquires FinancePro, a Web-based solution for premium finance loan management and agent quoting. FinancePro is currently in use by large independent finance companies as well as leading MGAs. In addition, FinancePro is in use by an increasing number of retail agencies that want to provide their own financing offerings to their customer
buyer parent:Vertafore, Inc.
buyer: AMS Services, Inc.
Vertafore, Inc. d/b/a AMS Services is dedicated to helping independent insurance agencies achieve maximum performance and operational efficiency.
target: FinancePro
Based in Issaquah, Washington, FinancePro is the leading Web-based premium finance loan management system. The company services large and small independent premium finance businesses as well as MGA- and agency-based finance companies.
price ($mm)
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closed 8/22/2011 via PR Newswire
 
 
 
 
 
 
 
 

IDIT I.D.I. Technologies Ltd. merged with Sapiens International Corporation N.V.

synopsis: Sapiens International, a global provider of solutions for the insurance industry, announced the completion of the merger transaction with IDIT I.D.I. Technologies Ltd, a well-established solution providers for the insurance industry. The IDIT™ Software Suite integrates the business capabilities essential for any insurance provider.
buyer parent:Emblaze Ltd.
buyer: Sapiens International Corporation N.V.(SPNS:$52.24)
Sapiens International Corporation N.V. is a leading global provider of business solutions for the insurance industry, helping modernize business processes and enabling insurance organizations to adapt quickly to change.
target parent: Formula Vision Technologies
target: IDIT I.D.I. Technologies Ltd.
IDIT Technologies is a global insurance software company that provides enterprise software solutions for the insurance & financial markets. The IDIT™ Software Suite is an enterprise insurance software product which integrates the business capabilities essential for any insurance provider.
price ($mm)
$29
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announced 8/19/2009 via BusinessWire
 
 
 
 
 
 
 
 

NuGrowth Solutions, LLC will acquire Strategic Insurance Software, Inc.

synopsis: NuGrowth Solutions, a software sales and development company, has signed a purchase agreement to acquire Strategic Insurance Software. SIS was founded in 1995 with the purpose of designing and selling agency management systems that allow independent agents to enter and process business directly with their company partners.
buyer: NuGrowth Solutions, LLC
NuGrowth is a sales and business development organization founded in Columbus, Ohio, in 2000. NuGrowth partners with companies to accelerate sales performance, implement growth strategies and build equity.
target parent: State Auto Financial Corp.
target: Strategic Insurance Software, Inc.
Strategic Insurance Software, Inc. provides solutions insuring success to property and casualty agency and carrier insurance partners. The PARTNER XE agency management system and carrier products by SIS are marketed nationwide through direct sales and company alliances.
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closed 11/20/2007 via BusinessWire
 
 
 
 
 
 
 
 

SunGard Data Systems Inc. acquired DSPA Software Inc.

synopsis: SunGard has acquired DSPA Software Inc., a leading supplier of sales compensation and distribution management software to the insurance industry. DSPA Software Inc. will become part of SunGard’s insurance business.
buyer: SunGard Data Systems Inc.
SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business.
target: DSPA Software Inc.
DSPA Software Inc. offers FASAT, a comprehensive distribution management and incentive compensation management (ICM) software solution for the life insurance industry. FASAT helps customers to manage evolving distribution channels, support growing product lines, and improve operational efficiencies.
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closed 10/1/2009 via BusinessWire
 
 
 
 
 
 
 
 

Ebix, Inc. acquired E-Z Data, Inc.

synopsis: Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced that it has acquired California-based E-Z Data, Inc. E-Z Data Life CRM solutions are now considered the financial industry's standard for agency management, practice management, and enterprise CRM.
buyer: Ebix, Inc.(EBIX:$168.97)
Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development.
target: E-Z Data, Inc.
Leading financial services organizations and top financial advisors worldwide rely on E-Z Data’s practice management, agency management, and CRM solutions to systematize proactive, high-touch communication with clients, increase sales, and reduce operational costs.
price ($mm)
$52
rev ($mm)
$21
EBITDA ($mm)
price / rev
2.5
price / EBITDA
closed 5/19/2009 via BusinessWire
 
 
 
 
 
 
 
 

Interactive Intelligence, Inc. acquired Acrosoft Corporation

synopsis: Interactive Intelligence, a global provider of unified IP business communications solutions, has acquired privately-held AcroSoft Corp., a provider of insurance content management solutions. Acquisition to Add Document Management and Workflow Applications for Insurance to the Interactive Intelligence Unified IP Business Communications Solutions.
buyer: Interactive Intelligence, Inc.(ININ:$209.53)
Interactive Intelligence Inc. is a global provider of unified business communications solutions for contact center automation, enterprise IP telephony, and enterprise messaging. The company was founded in 1994 and has more than 3,000 customers worldwide.
target: Acrosoft Corporation
AcroSoft Corporation develops and implements property and casualty insurance solutions for insurance companies worldwide. Its Insurance Content Management offers solution for document management, imaging, and workflow management.
price ($mm)
$2.16
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closed 7/12/2005 via BusinessWire
 
 
 
 
 
 
 
 

Cartesis, Inc. acquired INEA Corporation

synopsis: Cartesis Group, a leading supplier of business performance management (BPM) software, today announced the conclusion of the acquisition of INEA Corporation, a provider of enterprise planning, forecasting and reporting software solutions.
buyer parent:Apax Partners & Co. Ventures Ltd.
buyer: Cartesis, Inc.
Cartesis is a global software vendor that provides trusted solutions for driving your company's financial and business performance. Cartesis equips its customers with the control and insight they need to assess and react in today's rapidly changing marketplace.
target: INEA Corporation
INEA Corporation provides enterprise planning, forecasting and reporting software solutions that meet the needs of the world's largest and most complex organizations who have multiple lines of business; geographies; product lines and customer segments.
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closed 4/12/2010 via BNC Analysis
 
 
 
 
 
 
 
 

Cover-All Technologies, Inc. acquired Moore Stephens Business Solutions LLC.

synopsis: Cover-All Technologies Inc., a Delaware corporation, announced the acquisition of Moore Stephens Business Solutions LLC (MSBS), a provider of business intelligence and advanced analytics solutions to the insurance industry based in New York, New York.
buyer: Cover-All Technologies, Inc.(COVR:$17.46)
Cover-All Technologies Inc., since 1981, has been a leader in developing sophisticated software solutions for the property and casualty insurance industry – first to deliver PC-based commercial insurance rating and policy issuance software.
target: Moore Stephens Business Solutions LLC.
Moore Stephens Business Solutions (MSBS) is committed to being the leading provider of performance and data management solutions to the global insurance industry.
price ($mm)
$2.45
rev ($mm)
$6
EBITDA ($mm)
price / rev
.4
price / EBITDA
closed 12/5/2011 via BusinessWire
 
 
 
 
 
 
 
 

Progress Software Corporation acquired Corticon Technologies, Inc.

synopsis: Progress Software Corporation, a leading software provider that enables enterprises to be operationally responsive, announced that it has completed the acquisition of Corticon Technologies, Inc., a leading Business Rules Management System vendor that enables organizations to make better, faster decisions by automating business rules.
buyer: Progress Software Corporation(PRGS:$533.60)
Progress Software Corporation is an independent enterprise software company that enables businesses to be operationally responsive to changing conditions and customer interactions as they occur – to capitalize on new opportunities, drive greater efficiencies and reduce risk.
target: Corticon Technologies, Inc.
Corticon Technologies is recognized as a leading Business Rules Management System vendor that enables organizations to make better, faster decisions by automating business rules. The company’s patented “no-coding” rules engine automates sophisticated decision processes.
price ($mm)
$23
rev ($mm)
EBITDA ($mm)
price / rev
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announced 2/5/2008 via PR Newswire
 
 
 
 
 
 
 
 

ChoicePoint, Inc. will acquire Optimal Decisions Group

synopsis: ChoicePoint is acquiring Optimal Decisions Group, a firm that develops and deploys advanced analytics and software to the insurance industry. The purchase of ODG will create additional value for clients by integrating ODG's pricing optimization into ChoicePoint's Data Services transactional products.
buyer: ChoicePoint, Inc.(CPS:$981.96)
ChoicePoint helps businesses, government agencies and nonprofit organizations make better decisions through information and technology solutions.
target: Optimal Decisions Group
Optimal Decision Group Pty., Ltd. develops and deploys analytics and software, which assists retail financial institutions in making customer-level decisions in targeted marketing, acceptance and underwriting, pricing, servicing, collections, and claims. It serves auto and home insurers.
price ($mm)
$6.20
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 1/13/2010 via Market Wire
 
 
 
 
 
 
 
 

Callidus Software Inc. acquired ActekSoft

synopsis: Callidus Software Inc., a leading provider of Sales Performance Management (SPM) software, announced that it has closed its acquisition of ActekSoft, a leading provider of commission and compliance software for complex selling environments.
buyer: Callidus Software Inc.(US:CALD:$83.77)
Callidus Software is the market and technology leader in Sales Performance Management (SPM). Callidus' customers gain a competitive advantage by maximizing sales cost efficiencies and driving improvements in sales execution.
target: ActekSoft
ActekSoft delivers commission and incentive compensation software solutions to automate the process of calculating and managing complex commission, incentive and bonus pay arrangements.
price ($mm)
$3.04
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 5/6/2009 via BusinessWire
 
 
 
 
 
 
 
 

Beecken Petty O'Keefe & Company, L.P., SV Life Sciences Advisers, LLP. acquired StrataCare, Inc.

synopsis: StrataCare, Inc. announced that an investment group, led by Paul Glover, acquired an ownership stake in StrataCare. The addition of this financial and strategic partnership will position StrataCare for continued success and long-term investment in StrataCare’s bill review software and services.
buyer: Beecken Petty O'Keefe & Company, L.P.
buyer: SV Life Sciences Advisers, LLP.
Beecken Petty O'Keefe & Company ("BPOC") is a Chicago-based private equity firm founded in 1996 to invest in middle-market buyout transactions, recapitalizations and growth platforms in the health care industry. The firm manages over $1 billion of capital.
target: StrataCare, Inc.
StrataCare, LLC provides comprehensive Internet-based national bill review software, workflow and outsource solutions to the workers’ compensation payer community. StrataCare’s service division, CareSolutions®, offers electronic and mail-in bill review services nationwide.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 12/31/2008 via BusinessWire
 
 
 
 
 
 
 
 

Evans Bancorp, Inc. acquired Suchak Data Systems, Inc.

synopsis: Evans Bancorp, Inc. announced that its wholly-owned subsidiary, Evans Bank, N.A., has acquired Suchak Data Systems, Inc. (SDS), which serves the data processing needs of financial institutions with customized solutions, consultative services and state of the art technology.
buyer: Evans Bancorp, Inc.(EVBN:$44.77)
Evans Bancorp, Inc. is a financial holding company and the parent company of Evans Bank N.A., a commercial bank with $502 million in assets and $404 million in deposits at September 30, 2008. The Bank has 12 branches located in Western New York.
target: Suchak Data Systems, Inc.
Suchak Data Systems, Inc. is a full service provider of technology solutions focused on community banks, de novo banks and credit unions. SDS provides Core Banking, Online Banking, Bill Payment, Imaging, Branch Automation, ATM Services, CRM, Remote Deposit Capture Solutions and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 5/9/2005 via PR Newswire
 
 
 
 
 
 
 
 

Sybase, Inc. acquired Avaki Corporation

synopsis: Sybase, Inc., a leading provider of enterprise infrastructure and mobile software, today announced continued investment in its information management technology portfolio with the acquisition of the technology and assets of Avaki Corporation, a market-leading, privately held provider of enterprise information integration (EII) software.
buyer: Sybase, Inc.(SY:$1,170.57)
Sybase is an industry leader in delivering enterprise and mobile software to manage, analyze and mobilize information. Sybase is recognized globally as a performance leader, proven in the most data-intensive industries and across all major systems, networks and devices.
target: Avaki Corporation
Avaki’s flagship enterprise information integration software streamlines integration of data from many distributed sources while providing standardized access to integrated data views through a single data layer. The technology is ideal for companies seeking an efficient and scalable way to integrat
price ($mm)
$3.10
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 1/11/2011 via BusinessWire
 
 
 
 
 
 
 
 

iPipeline, Inc. acquired GaleForce Solutions

synopsis: iPipeline, Inc. has announced the acquisition of the assets of Vancouver-based GaleForce® Solutions. GaleForce Solutions is a market leader in providing advanced CRM with client management, productivity, compliance and security tools, and industry-specific integrations to financial services professionals.
buyer: iPipeline, Inc.
iPipeline's channel solutions for carriers, distributors, and producers automate activities for quoting, forms processing, illustrations development, requirements ordering, contracting, and content distribution, enabling the insurance industry to market, sell, and process faster.
target: GaleForce Solutions
GaleForce Solutions develops and markets customer relationship management (CRM) solutions to the financial services industry. GaleForce's industry-specific solutions allow businesses to maximize the value of their Microsoft products including Dynamics CRM, SharePoint and Outlook.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 7/13/2004 via PR Newswire
 
 
 
 
 
 
 
 

TIBCO Software Inc. acquired Staffware Plc

synopsis: TIBCO Software Inc. TIBX, a leading enabler of real-time business and the world's largest independent business integration software company, today announced the completion of its acquisition of Staffware, now called the TIBCO BPM Group, and unveiled a new business process management (BPM) road map to address the needs of both IT and business users.
buyer: TIBCO Software Inc.(TIBX:$920.25)
TIBCO Software Inc. provides enterprise software that helps companies achieve service-oriented architecture (SOA) and business process management (BPM) success. TIBCO gives leading organizations around the world better awareness and agility–what TIBCO calls The Power of Now®.
target: Staffware Plc
Staffware is the leading Business Process Management (BPM) specialist with 1,500 enterprise customers across the Banking, Insurance, Telecommunications, Utilities, General Commercial, Manufacturing and Government sectors.
price ($mm)
$217
rev ($mm)
$77
EBITDA ($mm)
$8
price / rev
2.8
price / EBITDA
27
closed 3/29/2007 via PR Newswire
 
 
 
 
 
 
 
 

oneShield, Inc. purchased ebis insurance billing application from Mellon Financial Corporation

synopsis: oneShield, Inc., a leading provider of innovative technology driven policy administration, automated business rules and workflow solutions to the property and casualty insurance industry, has acquired the ebis insurance billing application from Mellon Financial Corporation to further expand their Dragon product offering.
buyer: oneShield, Inc.
oneShield is a provider of browser-based solutions to automate the sales and service of insurance and bond products for insurance carriers, major brokers. Our flagship product, oneShield Dragon, is a tools- based, data-driven insurance underwriting, policy administration, rating and workflow engine.
seller: Mellon Financial Corporation(MEL:$4,852.00)
Mellon Financial Corporation is one of the world's leading providers of financial services for institutions, corporations and high net worth individuals, providing asset management, private wealth management, asset servicing, and payment solutions and investor services.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 7/5/2006 via BusinessWire
 
 
 
 
 
 
 
 

AIG VALIC purchased certan assets of Acumen Financial Group from KPMG International

synopsis: AIG VALIC, a national leading provider of retirement plan services to for-profit and not-for-profit education, healthcare and government organizations, today announced that it has acquired from KPMG LLP certain assets of Acumen Financial Group, a major provider of financial and retirement planning technology tools to financial services companies.
buyer: AIG VALIC
Specializing in providing retirement programs and related investment, recordkeeping and administrative services to employers and employees of for-profit and not-for-profit elementary and secondary ed. institutions, hospitals and healthcare organizations, higher ed. institutions and gov't entities.
seller: KPMG International
KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 144 countries and have over 6,700 partners, 76,000 client service professionals, and 21,000 administration and support staff working in member firms around the world.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
announced 5/9/2012 via Company Press Release
 
 
 
 
 
 
 
 

Markit Group Ltd. will acquire Cadis Software Ltd.

synopsis: Markit, a leading, global financial information services company, announced it has agreed to acquire Cadis, the global enterprise data management specialist. Cadis’ enterprise data management platform consolidates data from multiple sources within a centralised hub, providing users with reliable, transparent and auditable data.
buyer: Markit Group Ltd.
Markit is a leading, global financial information services company with over 2,300 employees. The company provides independent data, valuations and trade processing across all asset classes in order to enhance transparency, reduce risk and improve operational efficiency.
target: Cadis Software Ltd.
Cadis Software Ltd.'s EDM platform puts quality, audited data at the centre of an organisation. Their solutions build gold copy masters across all data types, deliver tangible data governance, risk management and compliance frameworks & rationalise legacy architectures.
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 4/6/2005 via PR Newswire
 
 
 
 
 
 
 
 

Analysts International acquired Redwood Solutions

synopsis: Analysts International Corporation announced that it has acquired the assets of Redwood Solutions, a Michigan-based information technology services company that specializes in integrating hardware and software solutions for data storage and retrieval systems.
buyer: Analysts International(ANLY:$284.20)
Analysts International is a global technology services company. Committed to helping businesses become more adaptive, competitive and profitable, we help our clients achieve sustained growth through the intelligent application of technology solutions.
target: Redwood Solutions
Redwood Solutions is an information technology services company that specializes in integrating hardware and software solutions for data storage and retrieval systems. Technology and applications that manage and protect data is growing rapidly as a result of the increased federal requirements for th
price ($mm)
rev ($mm)
EBITDA ($mm)
price / rev
price / EBITDA
closed 6/13/2005 via BusinessWire
 
 
 
 
 
 
 
 

Fiserv, Inc. acquired Interactive Technologies, Inc.

synopsis: Fiserv, Inc. has acquired Interactive Technologies, Inc., a developer of fee management and billing software for large and mid-sized financial services organizations, in a move that will enable Fiserv to offer a new product to larger organizations and add new functionality to existing products.
buyer: Fiserv, Inc.(FISV:$4,133.00)
Fiserv, Inc. provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing software and systems solutions.
target: Interactive Technologies, Inc.
Interactive Technologies develops software that enables large international and domestic banks, investment management companies, depositories, exchanges and other high-end providers of financial services to better manage customized fee arrangements.
price ($mm)
rev ($mm)
$10
EBITDA ($mm)
price / rev
price / EBITDA

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Geography
Matching Companies
Ticker:
 
 
 
 
 
 
 
 
oneShield, Inc.
oneShield, Inc.
oneShield is a provider of browser-based solutions to automate the sales and service of insurance and bond products for insurance carriers, major brokers. Our flagship product, oneShield Dragon, is a tools- based, data-driven insurance underwriting, policy administration, rating and workflow engine.
year
2004
rev ($mm)
$1.70
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
30
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Canopy Financial, Inc.
Canopy Financial provides innovative technology solutions that connect healthcare and financial services. Serving some of the world’s largest healthcare and financial institutions, Canopy powers the development and delivery of complete healthcare banking services for both consumers and businesses.
year
2009
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
14
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Ravello Solutions, LLC
Ravello Solutions is a leading provider of insurance technology solutions designed to help carriers in the commercial lines property and casualty market streamline business processes by moving policy administration to the Web.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Blue Frog Solutions, Inc.
Blue Frog is a leading technology and service provider of order management and compliance solutions for the life and annuity industry. Blue Frog's compliance and order management platform, AFFIRM™, is used by some of the largest and most well respected companies in the insurance industry.
year
2010
rev ($mm)
$4.30
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Enservio, Inc.
Enservio, Inc. is the market leader in property insurance affinity solutions, strategic analytics, and contents software, inventory, valuation, replacement and replacement tools.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Knowledge Technology Solutions
Knowledge Technology Solutions PLC is a leading provider of real-time market data solutions. Our services are delivered to standard PCs, laptops and mobile devices without any new hardware, software or infrastructure.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Wyde Corp.
Wyde Corporation is an international software vendor and creator of Wynsure, a multi-language, multi-currency, easily customizable software that offers policy administration, claims and billing solutions across Life & Annuities (L&A), disability, health, and Property & Casualty (P&C).
year
2011
rev ($mm)
$30.00
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Prima Solutions
Prima Solutions provides brokers, insurance, mutual insurance and reinsurance companies with complete software offering for Life, P&C, Large Commercial Risks and Reinsurance.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Bravura Solutions Limited
Bravura Solutions Limited engages in the development and maintenance of wealth management applications, and the provision of professional consulting services to financial institutions.
year
2006
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Technical Management Inc.
TAG, is a full-service administrative services provider for life, annuity and traditional health insurance carriers supporting both active and closed books of business.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Compu-Quote, Inc.
Compu-Quote is an innovative software services company focused on the Canadian insurance industry. Since 1983, Compu-Quote has provided underwriting and rate comparison tools to small independents and national brokers alike.
year
2009
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
250
  • drill down
  • watch
Ticker: SSNC
 
 
 
 
 
 
 
 
SS&C Technologies, Inc.
SS&C Technologies, Inc.
SS&C Technologies is a global provider of investment and financial software-enabled services and software focused exclusively on the global financial services industry. Founded in 1986, SS&C has its headquarters in Windsor, Connecticut and offices around the world.
year
2011
rev ($mm)
$370.83
EBITDA ($mm)
$138.13
EBIT ($mm)
$96.13
Net Income ($mm)
$51.02
Employees
1484
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Trade Technologies
Trade Technologies was founded in 1999 by export and trade finance professionals to provide innovative and pragmatic international receivables management professionals and tools for exporters. The company has eight offices worldwide.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
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Employees
  • drill down
  • watch
Ticker: AU:GBT
 
 
 
 
 
 
 
 
GBST Holdings
GBST is a leading provider of securities transaction and fund administration software for the financial services industry. GBST builds, owns and manages software products and provides support for our customers who use these products.
year
2009
rev ($mm)
$62.64
EBITDA ($mm)
$13.44
EBIT ($mm)
$6.62
Net Income ($mm)
$2.13
Employees
300
  • drill down
  • watch
Ticker: COVR
 
 
 
 
 
 
 
 
Cover-All Technologies, Inc.
Cover-All Technologies, Inc.
Cover-All Technologies Inc. is a leader in developing sophisticated software solutions for the property and casualty insurance industry. Its innovative technology solutions revolutionize the way the property and casualty insurance business is conducted.
year
2010
rev ($mm)
$17.46
EBITDA ($mm)
$3.34
EBIT ($mm)
$2.47
Net Income ($mm)
$2.95
Employees
82
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Financial Management Solutions, Inc.
Financial Management Solutions, Inc.
Financial Management Solutions, Inc. provides banks and credit unions with branch performance management information designed to improve service, reduce operating costs, and increase profitability by targeting the effective management of financial institution non-interest operating expenses.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Market Line Associates LLC
Market Line Associates is a provider of profitability and customer management solutions to the financial industry and is dedicated specifically to helping banks integrate and streamline their profitability performance metrics in finance, line management and marketing.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Cadis Software Ltd.
Cadis Software Ltd.
Cadis Software Ltd.'s EDM platform puts quality, audited data at the centre of an organisation. Their solutions build gold copy masters across all data types, deliver tangible data governance, risk management and compliance frameworks & rationalise legacy architectures.
year
2012
rev ($mm)
$32.63
EBITDA ($mm)
$13.67
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker: ADVS
 
 
 
 
 
 
 
 
Advent Software, Inc.
Advent Software, Inc.
Advent Software's quality software, data, services and tools enable financial professionals to improve service and communication to their clients, allowing them to grow their business while controlling costs.
year
2011
rev ($mm)
$326.25
EBITDA ($mm)
$65.89
EBIT ($mm)
$43.26
Net Income ($mm)
$30.17
Employees
1201
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
International Financial Business Solutions AG
International Financial Business Solutions AG provides software solutions and consulting services in the area of Securities Finance and Collateral Management. IFBS's standard application solution, FINACE®, a global market leader in Securities Lending, Repo and Collateral Management IT solutions.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Soliton Incorporated
Soliton Inc. is an industry leader and innovator focused on helping financial institutions minimize costs and improve operational efficiency in the management of investment data.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
GMT Corporation
GMT Corporation
GMT Corp provides enterprise workforce management and performance optimization solutions. It offers GMT Planet, a workforce management software that includes cash management and performance management features for financial services organizations, contact centers, and back office operations.
year
rev ($mm)
EBITDA ($mm)
EBIT ($mm)
Net Income ($mm)
Employees
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
iPipeline, Inc.
iPipeline, Inc.
iPipeline's channel solutions for carriers, distributors, and producers automate activities for quoting, forms processing, illustrations development, requirements ordering, contracting, and content distribution, enabling the insurance industry to market, sell, and process faster.
year
2008
rev ($mm)
$35.00
EBITDA ($mm)
$7.00
EBIT ($mm)
Net Income ($mm)
Employees
100
  • drill down
  • watch

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