Like ClaimHub, Inc.

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:$1,121.74)
Crawford & Company is the world's largest independent provider of claims management solutions to insurance companies and self-insured entities, with a global network of more than 700 offices in 63 countries. Major service lines include property and casualty claims management. "
target parent: JPB Capital Partners
target: ClaimHub, Inc.
ClaimHub, Inc. is a web-based workflow solution enabling property and casualty insurance companies, self-insureds, third-party administrators, and adjusters to maximize the efficiency of managing and administering loss claims for auto physical damage, property and catastrophic events.
price ($mm)
$1.39
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/2/2013 via PR Newswire

Aurora Capital Group, purchased Insurance Solutions Division from Zywave, Inc

synopsis: Aurora Capital Group, a Los Angeles-based private equity firm with over $2 billion of assets under management, announced that it has completed the previously announced acquisition of the Insurance Solutions Division of Zywave, Inc., a leading provider of insurance software solutions, from Vista Equity Partners.
buyer: Aurora Capital Group
Aurora Capital Group is a private equity firm that acquires and builds companies in partnership with operating management. The Firm currently manages approximately $2 billion in capital and is committed to investing in middle market companies with unique, defensible market positions. "
seller parent: Vista Equity Partners
seller: Zywave, Inc
Zywave's Insurance Solutions Division provides SaaS enterprise automation solutions for the employee benefits and P&C insurance distribution industry. The company’s solutions include technology-enabled content and communication, agency automation, and business intelligence and analytics.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/12/2020 via BusinessWire

Insurity, Inc, acquired CodeObjects

synopsis: Insurity, LLC, a leading provider of cloud-based core system solutions and data analytics for the world’s largest insurers, brokers, and MGAs, has completed the acquisition of California-based CodeObjects, a recognized leader in delivering highly innovative and flexible cloud solutions to the P&C space.
buyer parent: GI Partners
buyer: Insurity, Inc
Insurity is a leading provider of cloud-based core system solutions and data analytics for the world’s largest insurers, brokers, and MGAs. Through its best-in-class digital platform, Insurity is trusted by 15 of the top 25 property and casualty carriers in the US. "
target: CodeObjects
CodeObjects is a recognized leader in delivering highly innovative and flexible cloud solutions to the P&C space. Their solutions’ deep feature sets and ease of configuration have resulted in long-tenured, highly-satisfied clients.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/6/2017 via BusinessWire

Carlyle Group, will acquire Prima Solutions

synopsis: Global alternative asset manager The Carlyle Group announced it has signed an agreement to acquire French insurance software vendor Prima Solutions. Prima Solutions is a French software vendor that designs, develops and markets software exclusively for insurance providers.
buyer: Carlyle Group (CG:$1,880.20)
The Carlyle Group is a global alternative asset manager. Carlyle’s purpose is to invest wisely and create value on behalf of its investors. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions. "
target: Prima Solutions
Prima Solutions delivers the software platform Property and Casualty insurers need to gain in agility and succeed in a time of rapid industry change. Prima Insure addresses the whole life cycle of an insurance policy: distribution; underwriting; contract; claims and financial management.
price ($mm)
rev ($mm)
$24
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 8/2/2016 via BusinessWire

Apax Partners, acquired Duck Creek Technologies

synopsis: Accenture has completed the sale of a majority stake in Duck Creek Technologies to funds advised by Apax Partners, a leading global private equity firm. Duck Creek Technologies is a leading provider of comprehensive P&C insurance software and services delivered on-premise or via Duck Creek On-Demand, a Software as a Service model.
buyer: Apax Partners
Apax Partners is an independent global partnership focused solely on long-term investment in growth companies. Funds advised by Apax Partners typically invest in large companies with an enterprise value between €1bn and €5bn. . "
target parent: Accenture
target: Duck Creek Technologies
Duck Creek Technologies LLC is a leading provider of comprehensive P&C insurance software and services delivered on-premise or via Duck Creek On-Demand, a Software as a Service model.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/12/2015 via BNC Analysis

Marsh LLC, will acquire Dovetail Insurance

synopsis: Marsh, a global leader in insurance broking and risk management, has signed a definitive agreement to acquire Dovetail Insurance. Dovetail has developed an advanced cloud-based technology platform that enables independent insurance agents to obtain online quotes from multiple insurance providers and bind insurance policies in real time.
buyer parent: Marsh & McLennan Companies, Inc.
buyer: Marsh LLC (:$0.00)
Marsh is a global leader in insurance broking and risk management. Marsh helps clients succeed by defining, designing, and delivering innovative industry-specific solutions that help them manage risk. Marsh’s approximately 26,000 colleagues work together to serve clients in more than 130 countries. "
target parent: FirstMark Capital, LLC
target: Dovetail Insurance
Dovetail Insurance provides cloud-based insurance product delivery services for property-casualty insurance carriers, MGAs and brokers. With Dovetail's SaaS-based business model, insurance companies have unlimited possibilities for quickly creating and distributing insurance products.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/20/2013 via Company Press Release

Volaris Group Inc., acquired Information Distribution & Marketing, Inc.

synopsis: Volaris Group Inc. announced that it has acquired Information Distribution & Marketing, Inc. (“IDMI”), a leading provider of property and casualty insurance administration software to regional insurance companies and Managing General Agents.
buyer parent: Constellation Software, Inc.
buyer: Volaris Group Inc.
Volaris Group Inc. is a private investment firm. Volaris acquires, strengthens and grows vertical market technology companies enabling them to be clear leaders within their focused industry. "
target: Information Distribution & Marketing, Inc.
Information Distribution & Marketing, Inc. ("IDMI") is a software development company focused on providing automation solutions for the Property & Casualty Insurance Industry. IDMI is the creator of PTS, a real-time web-based policy administration system.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/23/2011 via BusinessWire

Accenture, acquired Duck Creek Technologies

synopsis: Accenture has completed its acquisition of Duck Creek Technologies, a privately held company that specializes in software solutions for the property and casualty (P&C) insurance industry. The acquisition complements Accenture Software’s existing P&C, component-based software platforms.
buyer: Accenture (ACN:$44,730.27)
Accenture is a global management consulting, technology services and outsourcing company. Accenture collaborates with clients to help them become high performance businesses and governments. "
target parent: FirstMark Capital, LLC
target: Duck Creek Technologies
Duck Creek Technologies® develops and markets software that enables insurance carriers to rapidly define, develop, deploy, and manage their insurance products and services – for any line of business. Duck Creek's products are built on the EXAMPLE Platform®.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/20/2014 via BusinessWire

Marsh LLC, will acquire Torrent Technologies, Inc.

synopsis: Marsh, a global leader in insurance broking and risk management, announced that it has signed a definitive agreement to acquire Torrent Technologies, Inc., a leading service provider to Write Your Own (WYO) insurers participating in the National Flood Insurance Program (NFIP).
buyer parent: Marsh & McLennan Companies, Inc.
buyer: Marsh LLC (:$0.00)
Marsh, the world’s leading insurance broker and risk advisor, teams with its clients to design, and deliver innovative solutions that help them protect their future. It has over 24,000 colleagues who collaborate to provide advice and transactional capabilities to clients in over 100 countries. "
target parent: Century Capital Management, LLC
target: Torrent Technologies, Inc.
Torrent Technologies is a business services company that leverages contemporary technology to more effectively administer flood insurance policies and claims through the National Flood Insurance Program.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/22/2015 via GlobeNewswire

ABT Holdings, acquired AutoClaim Inc.

synopsis: ABT Mining Co. announced that it has acquired “AutoClaim” Mobile App (the “App”), an advanced “Proprietary” real time Mobile Claims Documentation and Management System. The App will enhance customer service, streamline data management for effective decision making on claims, improve capital efficiency and provide many other benefits.
buyer: ABT Holdings (OTCPK:ABOT:$0.15)
ABT Holdings, also doing business as ABT Mining Co. Inc., is a diversified holding company engaged in investing, acquiring, developing, and growing various businesses that provide strategic advantages, generate attractive returns and significant free cash flow. "
target: AutoClaim Inc.
“AutoClaim” Mobile App is an advanced proprietary Mobile Claims Documentation and Management System that will revolutionize multi-billion dollar auto insurance claim industry at an operational and strategic level.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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:$44,730.27)
Accenture is a global management consulting, technology services and outsourcing company. Accenture collaborates with clients to help them become high performance businesses and governments. "
target: NaviSys
NaviSys was founded on the belief that innovative technology, wisely applied, could help dramatically improve the way insurance companies operate. With a deep understanding of the insurance industry, NaviSys launched its first software products more than two decades ago.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/14/2021 via GlobeNewswire

Applied Systems Inc., will acquire EZLynx

synopsis: Applied Systems announced that it has entered into a definitive agreement to acquire EZLynx, a company that develops industry-leading cloud-based software for the insurance industry. Their software has helped independent agents operate their businesses more effectively for over ten years.
buyer parent: Hellman & Friedman LLC
buyer: Applied Systems Inc.
Applied Systems is the leading provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and data exchange between brokerages, insurers and their clients, it is the world’s largest provider of agency and brokerage management systems. "
target: EZLynx
EZLynx develops industry-leading cloud-based software for the insurance industry. Their software has helped independent agents operate their businesses more effectively for over ten years.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/22/2020 via BusinessWire

iPipeline, Inc., acquired Welis, LLC

synopsis: iPipeline, a leading provider of cloud-based software solutions for the life insurance and financial services industry, announced it has acquired WELIS, a premier provider of life insurance illustration systems to carriers in the US.
buyer parent: Roper Technologies, Inc.
buyer: iPipeline, Inc.
iPipeline is a leading provider of cloud-based software solutions for the life insurance and financial services industries. Through its SSG Digital, end-to-end platform, iPipeline accelerates and simplifies sales, compliance, operations, and support. "
target: Welis, LLC
WELIS is a premier provider of life insurance illustration systems supporting individual and group lines of business for carriers in the US. Its Ascent Illustration System is designed to help insurers sell and service customers in a multi-channel distribution environment.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/30/2019 via Company Press Release

RGI S.P.A., acquired Novum GmbH

synopsis: RGI, a European leader in the digital transformation of Insurers, announced that it has acquired 100% of NOVUM, a leading DACH solution provider specializing in the development of core systems for insurers.
buyer parent: Corsair Capital
buyer: RGI S.P.A.
RGI, of Milan, provides software products and technology services to the insurance industry. RGI is a provider of core systems to the insurance market, providing a comprehensive offering which addresses core insurance processes including policy administration, and market management. "
target: Novum GmbH
Novum provides innovative standard and customized software solutions for the international insurance industry. Novum’s solution portfolio comprises software platforms for individual applications such as inventory systems, property and performance, fees, collection, and fund and loan management.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/23/2015 via PE Hub

Main Capital Partners BV, acquired b+m Informatik AG

synopsis: Main Capital has acquired b+m Informatik AG (b+m), that develops innovative software for banks and insurance companies and serves the German financial sector as a full-service provider.
buyer: Main Capital Partners BV
Main Capital is a private equity investor with an exclusive focus on the software sector in the Benelux and Germany. Within this sector, it is the most specialized company in management buyouts and later-stage growth capital. "
target parent: Allgeier Holding AG
target: b+m Informatik AG
b+m Informatik AG is a maker of software for banks and insurance companies. b+m was founded in 1994 and serves its customers from its headquarters near Kiel (Hamburg), which currently has nearly 90 employees. b+m focuses on both banks and insurers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/9/2015 via GlobeNewswire

VITEC Software Group, will acquire NICE Norwegian Insurance Computer Environment AS

synopsis: Vitec Software Group AB (publ) has agreed to acquire 100 % of the Norwegian software company Nice Norwegian Insurance Computer Environment AS (Nice AS), whose product is an industry-specific software for insurance companies in Norway, Denmark and Sweden.
buyer: VITEC Software Group (OM:VIT B:$161.42)
Vitec Software Group (publ) is a software company that offers industry specific business applications on the Nordic market. Vitec, with operations in Sweden, Norway, Finland and Denmark is growing in the mature part of the software industry by consolidating vertical software segments. "
target: NICE Norwegian Insurance Computer Environment AS
Since its formation in 1987, Norwegian Insurance Computer Environment (NICE) has been dedicated to the development, implementation and operation of fully-integrated application software for insurance companies and associated organisations.
price ($mm)
$2.88
rev ($mm)
$3
EBITDA ($mm)
$0
EV / rev
0.9x
EV / EBITDA
9.3x
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.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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:$570.76)
Ebix, Inc. provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry. "
target: USIX Technology
USIX Technology is an exchange player in the Brazilian insurance markets, the Company provides Internet based sales solutions in an on-Demand manner to the insurance carriers and brokers in Brazil.
price ($mm)
$7.92
rev ($mm)
$3
EBITDA ($mm)
EV / rev
5.0x
EV / 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:$570.76)
Ebix, Inc. is a leading international supplier of software and e-commerce solutions to the insurance industry. Ebix provides a series of application software products for the insurance industry ranging from carrier systems, agency systems and exchanges to custom software development. "
target: MCN Technology & Consulting
Since its inception in 2001, MCN has focused itself on the insurance industry through its portfolio of products and services for insurance companies, financial institutions and insurance brokers.
price ($mm)
$3.10
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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:$1,121.74)
Crawford & Company is the world's largest independent provider of claims management solutions to insurance companies and self-insured entities, with a global network of more than 700 offices in 63 countries. Major service lines include property and casualty claims management. "
target parent: JPB Capital Partners
target: ClaimHub, Inc.
ClaimHub, Inc. is a web-based workflow solution enabling property and casualty insurance companies, self-insureds, third-party administrators, and adjusters to maximize the efficiency of managing and administering loss claims for auto physical damage, property and catastrophic events.
price ($mm)
$1.39
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/5/2017 via GlobeNewswire

Crawford & Company, acquired WeGoLook

synopsis: Crawford & Company, the world's largest publicly listed independent provider of claims management solutions to insurance companies and self-insured entities, announced that it has completed the acquisition of a majority interest in WeGoLook, LLC, an online and mobile collaborative economy platform headquartered in Oklahoma City.
buyer: Crawford & Company (CRD.B:$1,121.74)
Crawford & Company is the world's largest independent provider of claims management solutions to insurance companies and self-insured entities, with a global network of more than 700 offices in 63 countries. Major service lines include property and casualty claims management. "
target: WeGoLook
Founded in 2009, Oklahoma City-based WeGoLook (wegolook.com) is a pioneering on-demand field inspection and verification services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
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:$1,121.74)
Crawford & Company is the world's largest independent provider of claims management solutions to insurance companies and self-insured entities, with a global network of more than 700 offices in 63 countries. Major service lines include property and casualty claims management. "
target parent: JPB Capital Partners
target: ClaimHub, Inc.
ClaimHub, Inc. is a web-based workflow solution enabling property and casualty insurance companies, self-insureds, third-party administrators, and adjusters to maximize the efficiency of managing and administering loss claims for auto physical damage, property and catastrophic events.
price ($mm)
$1.39
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/30/2007 via PR Newswire

Crawford & Company, acquired ClaimStar.net

synopsis: Crawford & Company has acquired the assets of BCK, Inc., d/b/a ClaimStar.net, which specializes in producing distance learning and providing Learning Management Systems hosting services. ClaimStar.net has provided the property and casualty industry with online training and technical references.
buyer: Crawford & Company (CRD.B:$1,121.74)
Crawford & Company is the world's largest independent provider of claims management solutions to insurance companies and self-insured entities, with a global network of more than 700 offices in 63 countries. Major service lines include property and casualty claims management. "
target: ClaimStar.net
BCK, Inc. d/b/a ClaimStar.net is the premier on-line claims training in the industry. Over 5,000 claims personnel have gone through our courses in the past 18 months.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/9/2013 via PR Web

Greybull Stewardship, acquired Real Estate Institute

synopsis: Greybull Stewardship announces the acquisition of Real Estate Institute and its sister company, Bookmark Education. Real Estate Institute has been a leader in Illinois providing high quality online, classroom, and independent study programs for professional licensees.
buyer: Greybull Stewardship
Greybull Stewardship is an investment fund. It is building a portfolio of outstanding businesses and managers; providing stable and non-distracting ownership; and allowing the financial performance and competitive advantages of those businesses to grow over time. "
target: Real Estate Institute
Real Estate Institute offers online, classroom, and independent study programs for professional licensees in real estate, insurance, mortgage brokerage and lending, law and accounting professionals.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 2/16/2017 via BusinessWire

Capgemini, acquired TCube Solutions

synopsis: Capgemini, a global leader in consulting, technology and outsourcing services, announced the acquisition of TCube Solutions, Inc., an Insurance IT services firm, the largest independent service provider specializing in Duck Creek Technologies.
buyer: Capgemini (ENXTPA:CAP:$17,362.39)
Capgemini is a global leader in consulting, technology and outsourcing services. Together with its clients, Capgemini creates and delivers business, technology and digital solutions that fit their needs, enabling them to achieve innovation and competitiveness. "
target: TCube Solutions
TCube Solutions, Inc. is an Insurance IT services firm, the largest independent service provider specializing in Duck Creek Technologies. TCube Solutions specializes in Property and Casualty (P&C) insurance software and services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/4/2011 via Market Wire

International Risk Management Institute, acquired WebCE

synopsis: International Risk Management Institute, Inc. (IRMI) has acquired WebCE, the world's largest provider of continuing education (CE) for insurance and risk management professionals. The company will continue delivering both online and paper-based courses from its state-of-the-art delivery platform.
buyer: International Risk Management Institute
International Risk Management Institute, Inc. is a Dallas-based research, publishing, and educational organization focusing on insurance and risk management. "
target: WebCE
Founded in 1992, WebCE, Inc. is the leading nationwide supplier of state-of-the-art continuing education and pre-license training courses to insurance professionals and financial planners.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/23/2004 via Company Press Release

Highline Media, LLC, acquired INSUR'ED Inc.

synopsis: The National Underwriter Company, a unit of Highline Media LLC, announced today that it has acquired INSUR'ED, Inc., a nationwide insurance training organization. INSUR’ED specializes in life/health and property/casualty pre-licensing, continuing education, sales and product training to banks, insurance companies and brokerage firms.
buyer parent: Wind Point Partners
buyer: Highline Media, LLC
Highline Media LLC was formed to acquire The National Underwriter Company, the leading publisher and reference provider to the insurance and financial industries. "
target: INSUR'ED Inc.
A nationwide insurance training organization. INSUR’ED specializes in life/health and property/casualty pre-licensing, continuing education, sales and product training to banks, insurance companies and brokerage firms.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/24/2019 via Company Press Release

Davies Group Limited, acquired Fwd Training & Consultancy Limited

synopsis: Davies Group announces the acquisition of FWD Training and Consultancy Limited (“FWD”).  FWD is a leading provider of professional and apprenticeship training in the Insurance and Financial Services sectors in the UK.
buyer parent: HGGC, LLC
buyer: Davies Group Limited
Davies Group is a multi-award winning operations management, consulting and digital solutions provider to organizations in highly regulated markets. Davies’ core services include: claims solutions, insurance services, complaints handling and compliance & regulatory services. "
target: Fwd Training & Consultancy Limited
FWD is a leading provider of professional and apprenticeship training in the Insurance and Financial Services sectors in the UK. FWD delivers professional learning and development programmes, for leading national and global businesses, helping them develop and retain their professional talent.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/16/2014 via PR Newswire

Solera Holdings, Inc., acquired Sherwood Claims Related Business

synopsis: Solera Holdings, Inc., a leading global provider of software and services to the automobile insurance claims processing and decision support industries, announced that it has completed the acquisition of the claims related business from the Sherwood Group of companies in the UK. The acquired company will conduct business under the name Valexa.
buyer: Solera Holdings, Inc. (SLH:$1,140.85)
Solera is the leading global provider of software and services to the automobile insurance claims processing industry. Solera is active in over 65 countries across six continents. The Solera companies include Audatex in the United States, Canada, and in more than 45 additional countries. "
target parent: The Sherwood Group of Companies
target: Sherwood Claims Related Business
The Claims Related Business of the Sherwood Group of companies in the UK is a provider of innovative exchanges, settlement platforms, and data analytics focused on the insurance industry in the UK, including car rental billing services and pet insurance claims.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/5/2009 via PR Newswire

Emdeon Business Services, acquired The Sentinel Group

synopsis: Emdeon, a leader in revenue and payment cycle management solutions, announced the implementation of its first major customer following the recent acquisition of The Sentinel Group. The Sentinel Group is a recognized leader in healthcare fraud and abuse management services.
buyer parent: General Atlantic, LLC
buyer: Emdeon Business Services
Emdeon is a leading provider of revenue and payment cycle solutions that connect payers, providers and patients to integrate and automate key business and administrative functions throughout the patient encounter. "
target parent: Trustmark Companies
target: The Sentinel Group
The Sentinel Group is a recognized leader in the healthcare anti-fraud and abuse industry. Sentinel is known for its experienced team of fraud investigators and its skillful application of the IBM Fraud and Abuse Management System (FAMS) state-of-the-art technology.
price ($mm)
$3.61
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/13/2016 via GlobeNewswire

ExamWorks, Inc., acquired Prizm LLC

synopsis: ExamWorks Group, Inc. announced that the Company completed the acquisition of substantially all of the assets of Marlton, New Jersey-based Prizm LLC ("Prizm"), a provider of independent medical examinations (IME), peer reviews, bill reviews and related IME services primarily to the automotive market.
buyer: ExamWorks, Inc. (EXAM:$819.57)
ExamWorks, Inc. is a leading provider of independent medical examinations, peer reviews, bill reviews, Medicare compliance service and IME-related services to the insurance and legal industries, third-party administrators, self-insured parties and federal and state agencies. "
target: Prizm LLC
New Jersey-based Prizm LLC is a provider of independent medical examinations (IME), peer reviews, bill reviews and related IME services primarily to the automotive market. Prizm is a foremost provider of leading-edge technology and customer service to the medical management industry.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/16/2012 via PE Hub

Mitchell International, Inc., acquired National Health Quest, Inc.

synopsis: Mitchell, a leading provider of technology, connectivity and information solutions to the Property & Casualty (P&C) claims and Collision Repair industries, announced the acquisition of National Health Quest, Inc., a national best-in-class provider of negotiated out-of-network payment services.
buyer parent: Aurora Capital Group
buyer: Mitchell International, Inc.
Mitchell International, Inc. provides technology, connectivity, and information solutions to the property and casualty claims, and collision repair industries in North America. It offers workflow management solutions; and claims management solutions and processing software. "
target: National Health Quest, Inc.
National Health Quest, Inc. (NHQ), a national best-in-class provider of negotiated out-of-network payment services. NHQ has been representing major national insurance carriers, employers, self-insured employers groups, TPA’s, consultants and brokers for over two decades.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 2/16/2012 via BusinessWire

Enservio, Inc., will acquire Insurers World

synopsis: Enservio, a provider of property insurance analytics, affinity marketing and claims solutions, has entered into a definitive agreement to acquire Insurers World of Canton, Mass. Since 1978, Insurers World™ has been a chosen partner of insurance companies to establish accurate LKQ and indemnity, incomparable to other industry services.
buyer: Enservio, Inc.
Enservio, Inc. is the market leader in property insurance affinity solutions, strategic analytics, and contents software, inventory, valuation, replacement and replacement tools. "
target: Insurers World
Since 1978, Insurers World has been a chosen partner of insurance companies to establish accurate LKQ and indemnity, incomparable to other industry services. Insurers World is committed to the delivery of interactive contents claims services tailored to its clients' individual needs.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/31/2013 via GlobeNewswire

BOLT Solutions Inc., acquired Superior Access Insurance Services, Inc.

synopsis: BOLT Solutions, a leading independent provider of SaaS insurance distribution solutions to the property and casualty insurance industry, announced the acquisition of online insurance aggregator Superior Access Insurance Services(SAIS). The addition of SAIS demonstrates Bolt's continued commitment to providing agents a superior user experience.
buyer parent: ICG Group, Inc.
buyer: BOLT Solutions Inc.
BOLT Solutions offers the leading online sales and client service platform for anyone who wants to sell or buy insurance online. The Bolt Platform supports all of the insurance needs of its customers, while driving market share, retention and increased revenue for its insurance industry partners. "
target: Superior Access Insurance Services, Inc.
Superior Access (SAIS) is an established online insurance wholesaler and distributor, providing fast access to a variety of insurance products. Superior Access provides online insurance quotes and wholesale brokerage services to more than 2,100 retail insurance agents across the nation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/27/2018 via Company Press Release

Arvato Bertelsmann, acquired 3C Deutschland GmbH

synopsis: Arvato Financial Solutions, a global financial services provider and part of Bertelsmann SE & Co. KGaA as a subsidiary of Arvato, has acquired 3C Deutschland GmbH, a company that provides process automation and transparency in the claims management sector on the insurance market.
buyer parent: Bertelsmann SE & Co. KGaA
buyer: Arvato Bertelsmann
Arvato is a global services company headquartered in Gütersloh, Germany. Its services include customer support, information technology, logistics, and finance. "
target: 3C Deutschland GmbH
3C Deutschland GmbH provides process automation and transparency in the claims management sector on the insurance market. The company was founded in 2006 and is based in Heilbronn, Germany.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/29/2016 via Company Press Release

RGI S.P.A., will acquire Kapia Solutions

synopsis: RGI, the EMEA leader in the provision of software products and technological services specifically for the insurance sector, is set to strengthen its position in the IT Insurance French market, and agreed to acquire the 100% of Kapia, a French Software Vendor leader in Life, Pension & Wealth Management.
buyer parent: Ardian
buyer: RGI S.P.A.
RGI Group is one of the most dynamic information and communications technology (ICT) companies in Italy, with a proven leadership position in the provision of software, consulting and outsourcing services specifically for the insurance industry. "
target: Kapia Solutions
Kapia Solutions provides knowledge asset solutions for professional insurance applications. It offers consulting and engineering tailor made solutions that include Kapia Enhanced Life Insurance Simulation, an insurance simulation solution that simulates, compares, analyzes, and more.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 7/1/2020 via PR Newswire

Simplicity Group Holdings, acquired The Annuity & Life Source, Inc.

synopsis: Simplicity Group Holdings, one of the nation's largest financial product distribution companies, has acquired The Annuity Source, Inc., an independent financial marketing organization. The acquisition will help Simplicity advance its business efficiencies, marketing resources, and product offerings.
buyer: Simplicity Group Holdings
Simplicity Group Holdings is one of the nation's largest financial product distribution companies. Simplicity provides annuity, life insurance, and investment solutions to independent insurance professionals, financial advisors, and their clients through its operating subsidiaries. "
target: The Annuity & Life Source, Inc.
The Annuity & Life Source, Inc. is an independent financial marketing organization. The company provides customers and their clients a competitive advantage of marketing and sales resources, industry expertise, and exclusive access to comprehensive industry information.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/11/2020 via Company Press Release

New Mountain Capital, LLC, acquired Healthcomp

synopsis: New Mountain Capital has acquired HealthComp Holding Company LLC, a leading independent Third Party Administrator of healthcare benefits for self-funded employers. New Mountain Capital’s experience in healthcare cost containment will allow HealthComp to leverage institutional knowledge to drive business building and increase value for customers.
buyer: New Mountain Capital, LLC
New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, public equity, and credit funds with $28 billion in assets under management. "
target: Healthcomp
HealthComp is the largest independent Third-Party Administrator (TPA) of healthcare benefits in the U.S. The Company offers best in class technology for healthcare benefits administration, payment integrity, and care management services to reduce costs and improve clinical outcomes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/10/2017 via BNC Analysis

Genpact Ltd, acquired BrightClaim

synopsis: Genpact, a global professional services firm focused on delivering digital transformation for clients, has acquired BrightClaim and its associated company National Vendor, both leading providers of integrated claims solutions to the U.S. property and casualty (P&C) insurance market.
buyer: Genpact Ltd (G:$3,699.55)
Genpact is a global professional services firm focused on delivering digital transformation for their clients. They do this by integrating lean principles, design thinking, analytics and digital technologies with their domain and industry expertise – an approach they call Lean DigitalSM. "
target: BrightClaim
BrightClaim LLC is an Atlanta-based company that provides end–to-end claims solutions to the Property and Casualty Insurance industry for Auto and Property type claims. They have been in operation since 2004.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 4/8/2013 via GlobeNewswire

Ebix, Inc., will acquire Qatarlyst

synopsis: The Qatar Financial Centre Authority announced that it has reached an agreement to sell Qatarlyst, an electronic trading exchange for the global insurance and reinsurance industry, to Ebix Singapore Pte Limited. The QFCA believes that Qatarlyst's divestment to Ebix, Inc. is the best option to leverage Qatarlyst's capabilities.
buyer: Ebix, Inc. (EBIX:$570.76)
Ebix, Inc. provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry. "
target parent: Qatar Financial Centre Authority
target: Qatarlyst
Qatarlyst is a trading service for the global insurance and reinsurance industry. It provides a complete set of screens, processes and workflow to support quotation, signing and endorsements for all types and classes of commercial insurance and facultative and treaty reinsurance business.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/6/2015 via BNC Analysis

Beecken Petty O'Keefe & Company, acquired Examination Management Services Inc.

synopsis: Beecken Petty O'Keefe & Company has acquired Examination Management Services (EMSI). Based in Scottsdale, Arizona, EMSI is a provider of medical information, risk adjustment and comprehensive investigative services to insurance companies, health insurers and employers.
buyer: Beecken Petty O'Keefe & Company
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 $1 billion of capital. "
target parent: CM Equity Partners, L.P.
target: Examination Management Services Inc.
Examination Management Services, Inc. is a medical information services provider serving health plans, life and property/casualty insurers and employers. They utilize proprietary networks of professionals with technology-enhanced processes to collect and deliver powerful information to clients.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like ClaimHub, Inc.


read more

ClaimHub, Inc.

Zywave, Inc

CodeObjects

Prima Solutions

Duck Creek Technologies

Dovetail Insurance

Information Distribution & Marketing, Inc.

Duck Creek Technologies

Torrent Technologies, Inc.

AutoClaim Inc.

PolicyPointe

NaviSys

EZLynx

Welis, LLC

Novum GmbH

b+m Informatik AG

NICE Norwegian Insurance Computer Environment AS

Albiran

USIX Technology

MCN Technology & Consulting

read more

ClaimHub, Inc.

read more

WeGoLook

ClaimHub, Inc.

ClaimStar.net

read more

Real Estate Institute

TCube Solutions

WebCE

INSUR'ED Inc.

Fwd Training & Consultancy Limited

Sherwood Claims Related Business

The Sentinel Group

Prizm LLC

National Health Quest, Inc.

Insurers World

Superior Access Insurance Services, Inc.

3C Deutschland GmbH

Kapia Solutions

The Annuity & Life Source, Inc.

Healthcomp

BrightClaim

Qatarlyst

Examination Management Services Inc.

Geography
Matching Companies
Ticker: PT
 
 
 
 
 
 
 
 
PINTEC
PINTEC
PINTEC is a leading independent technology platform enabling financial services in China. With its mission to "Power the Future of Finance", PINTEC aims to advance financial services by providing customizable and modular fintech solutions to its financial and business partners.
year
2018
rev ($mm)
$156.10
EBITDA ($mm)
$13.41
EBIT ($mm)
$12.65
Net Income ($mm)
$0.96
Employees
432
  • drill down
  • watch
Ticker:
 
 
 
 
 
 
 
 
Fineos
Fineos
Ireland-based FINEOS is a market leader in core systems for life, accident, and health insurance carriers globally. The FINEOS Platform, powered by Amazon Web Services, provides customers full end to end core administration for group, voluntary, and individual across life, accident, and health.
year
2019
rev ($mm)
$86.95
EBITDA ($mm)
$3.59
EBIT ($mm)
$2.86
Net Income ($mm)
Employees
718
  • drill down
  • watch
Ticker: GWRE
 
 
 
 
 
 
 
 
Guidewire Software, Inc.
Guidewire Software, Inc.
Guidewire Software, Inc. provides system software to the property and casualty insurance industry primarily in the United States, Canada, and Australia. It provides Internet-based software platforms for core insurance operations.
year
2017
rev ($mm)
$514.28
EBITDA ($mm)
$47.34
EBIT ($mm)
$28.61
Net Income ($mm)
$21.22
Employees
1893
  • drill down
  • watch
Ticker: CRD.B
 
 
 
 
 
 
 
 
Crawford & Company
Crawford & Company
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.
year
2016
rev ($mm)
$1,121.74
EBITDA ($mm)
$105.92
EBIT ($mm)
$79.37
Net Income ($mm)
Employees
8140
  • drill down
  • watch
Ticker: DB:MUV2
 
 
 
 
 
 
 
 
Munich Re Group
Munich Re Group
The Munich Re Group is one of the world’s leading risk carriers, turning risk into value. The Group operates in all lines of business, with around 37,000 employees at over 50 locations and is characterised by particularly pronounced diversification, client focus and earnings stability.
year
2018
rev ($mm)
$64,204.76
EBITDA ($mm)
$2,360.39
EBIT ($mm)
$1,968.66
Net Income ($mm)
$762.25
Employees
42050
  • drill down
  • watch