Like Livegenic Inc

closed 10/6/2020 via GlobeNewswire

Claim Central Consolidated, acquired Livegenic Inc

synopsis: Claim Central Consolidated Pty Ltd, a pioneer in claims fulfillment technology, has acquired the remaining shares of Livegenic Inc, an industry-leading, on-demand and live, virtual collaboration platform for insurance loss. With this acquisition, Livegenic will become a wholly-owned subsidiary in the Claim Central Group.
buyer: Claim Central Consolidated
Claim Central is a global leader in property and auto insurance claims technology, services, and data and insights. Claim Central’s market-leading technology solutions simplify the claims process and significantly improve policyholder service satisfaction on behalf of leading insurers. "
target: Livegenic Inc
Livegenic provides cloud-based, real-time video solutions to property and casualty insurance organizations. Their platform streamlines communication between in-house and external adjusters, appraisers, contractors, and policyholders, provides field video loss documentation capabilities, and more.
price ($mm)
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closed 7/13/2020 via PR Web

OEConnection LLC, acquired NuGen IT

synopsis: OEConnection (OEC), the leading automotive technology provider for OEM distribution networks, has acquired NuGen IT, Inc., a developer of information management software tools for the property and casualty insurance industry. NuGen IT provides integrated auto and homeowners' claims processing, workflow and business process compliance solutions.
buyer parent: Genstar Capital LLC
buyer: OEConnection LLC
OEConnection (OEC) is an automotive technology provider for OEM (original equipment manufacturer) distribution networks. Its suite of ecommerce, pricing, supply chain, business intelligence, part cataloging, data solutions, and services helps automakers and their dealer networks sell more OE parts. "
target: NuGen IT
NuGen IT is a developer of information management software tools for the property and casualty insurance industry and its partners. NuGen IT provides integrated auto and homeowners' claims processing, workflow and business process compliance solutions.
price ($mm)
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announced 4/26/2018 via BusinessWire

Stone Point Capital, LLC, will acquire Mitchell International, Inc.

synopsis: Private equity firm Stone Point Capital will acquire Mitchell International from KKR. Mitchell is a provider of technology, connectivity and information solutions to the Property & Casualty claims and Collision Repair industries. Its SaaS infrastructure enables tens of millions of electronic transactions to be processed each month.
buyer: Stone Point Capital, LLC
Stone Point Capital is a financial services-focused private equity firm. Stone Point targets investments in the global financial services industry, including investments in companies that provide outsourced services to financial institutions, banks, asset management firms and insurance providers. "
target parent: Kohlberg Kravis Roberts & Co.
target: Mitchell International, Inc.
Mitchell delivers smart technology solutions that simplify and accelerate claims handling, repair processes, and pharmacy transactions. Its solution portfolio and robust SaaS infrastructure enables tens of millions of electronic transactions to be processed each month.
price ($mm)
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closed 5/8/2017 via Company Press Release

J.S. Held, Incorporated, acquired Spex

synopsis: J.S. Held, a leading global multi-disciplinary consulting firm, announced an investment in Spex, a digital property inspection and reporting platform for the property and casualty industry. J.S. Held will become a majority owner in Spex which will continue to be led by its current management team.
buyer parent: Lovell Minnick
buyer: J.S. Held, Incorporated
J.S. Held is a leading construction consulting firm specializing in property damage consulting, surety services, construction claims consulting, project and program management, equipment consulting and environmental, health and safety services. "
target: Spex
Spex created a digital inspection platform that would improve quality control and business rules at the point-of-inspection. Their platform provides an easy to use tool for on-site inspections, allows for better collection and organization of data, and creates greater efficiencies and transparency.
price ($mm)
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announced 5/20/2014 via PR Newswire

OneShield, Inc., will acquire Clear Data Strategies, LLC

synopsis: OneShield, Inc. announced an agreement to acquire specific strategic and intellectual property assets of Clear Data Strategies, LLC (CDS). CDS provides both subscription cloud-based and site-installed software solutions for claims processing and policy administration for the property and casualty (P&C) insurance market.
buyer: OneShield, Inc.
OneShield, Inc. delivers core business software solutions to the global P&C and General Insurance industry. Their portfolio of products includes enterprise-class policy management, billing, rating, product configuration, and reporting and analytic solutions. "
target: Clear Data Strategies, LLC
Based in Danbury, CT, and founded in 2007, Clear Data Strategies, LLC provides a subscription- and cloud-based software platform to improve processes, data quality and decision-making within insurance industry organizations.
price ($mm)
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closed 6/25/2020 via BusinessWire

Insurity, Inc, acquired Epic-Premier Insurance Solutions

synopsis: Insurity, Inc., a provider of cloud-based core system solutions and for the world’s largest insurers, has acquired Florida-based Epic-Premier Insurance Solutions, Inc. Epic-Premier Insurance Solutions delivers automation tools to the program manager, wholesale broker, and carrier markets of the insurance industry.
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 (managing general agent). Through its best-in-class digital platform, Insurity is trusted by 15 of the top 25 property/casualty carriers in the US. "
target: Epic-Premier Insurance Solutions
Epic-Premier Insurance Solutions is a technology and consulting solution provider that delivers automation tools and services to the program manager, wholesale broker, and carrier markets of the insurance industry. Epic-Premier offers the ConceptOne™ suite claims management software.
price ($mm)
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closed 2/7/2019 via PR Newswire

Solera Holdings, Inc., acquired in4mo Oy

synopsis: Solera Holdings, Inc., a global leader in intelligent data and software as a service (SaaS) to manage and secure the automotive, light and heavy truck fleet, home and identity ecosystems, has acquired in4mo Oy , a Nordic leading provider of SaaS-based software and services to the property structure insurance and repair professional marketplaces.
buyer parent: Vista Equity Partners
buyer: Solera Holdings, Inc. (SLH:$1,140.85)
Solera is a global leader in digital technologies that manage and protect life's most important assets: cars, homes and identities. Solera has grown aggressively with over 40 acquisitions across its Risk Management Solutions, Service Maintenance & Repair, and Customer Retention Management platforms."
target: in4mo Oy
in4mo is a leading property claims solution provider in the Nordics, providing an end-to-end property structural claims adjustment platform to insurers and repair service companies that facilitates claim processing from first notice of loss to repair fulfillment and payment.
price ($mm)
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closed 12/8/2016 via BusinessWire

Insurity, Inc, acquired Systema Software

synopsis: Insurity, Inc., an industry leading provider of core insurance processing and data integration, and analytics solutions, announced its acquisition of Systema Software. Systema’s claims management system, SIMS Claims, is an innovative, award-winning system that is well regarded by its clients and industry experts.
buyer: Insurity, Inc
Insurity, Inc. enables property & casualty insurers to modernize their enterprise and achieve their business goals. Insurity’s core processing applications and data integration and analysis solutions are backed by rich insurance expertise. "
target: Systema Software
Systema Software provides flexible, comprehensive solutions and services to the insurance industry. Its flagship product, SIMS Claims, is an innovative, browser-based property and casualty claims administration system.
price ($mm)
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closed 8/4/2016 via PR Newswire

Solera Holdings, Inc., acquired Enservio, Inc.

synopsis: Solera Holdings, Inc., a global leader in cognitive technologies for the automotive and home ownership ecosystems, announced that it has completed the acquisition of Enservio, Inc., the largest U.S. provider of SaaS-based software and services to the property contents insurance marketplace.
buyer parent: Vista Equity Partners
buyer: Solera Holdings, Inc. (SLH:$1,140.85)
Solera is a leading provider of risk and asset management software and services to the automotive and property marketplace, including the global P&C insurance industry. Solera is active in over 75 countries across six continents with companies including: Audatex, HPI, CarweB, Informex and many more."
target: Enservio, Inc.
Enservio offers the industry's most robust contents software platform as well as world-class contents claims services that bring value to the entire spectrum of contents claims management. Insurance carriers rely on the Enservio platform to achieve the highest quality business outcome.
price ($mm)
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announced 6/7/2016 via PR Newswire

Sapiens International Corporation N.V., will acquire Maximum Processing Inc

synopsis: Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced that it has entered into a definitive agreement for the acquisition of Maximum Processing, Inc., the software provider of the Stingray System, a property and casualty (P&C) insurance administration suite.
buyer parent: The Asseco Group
buyer: Sapiens International Corporation N.V. (SPNS:$367.96)
Sapiens International Corporation is a leading global provider of software solutions for the insurance industry, with an emerging focus on the broader financial services sector. "
target: Maximum Processing Inc
Maximum Processing offers the Stingray System, a modular, web-based, property and casualty insurance solution for policy, billing, claims, reinsurance administration, reporting and many other third-party interfaces.
price ($mm)
rev ($mm)
$6
EBITDA ($mm)
EV / rev
0.0x
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)
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closed 4/20/2015 via Market Wire

CalAmp Corp., acquired Crashboxx

synopsis: CalAmp Corp., a leading provider of wireless products, services and solutions, announced that it has acquired privately held Crashboxx™, an early stage technology company focused on insurance telematics applications across the entire auto insurance lifecycle, from driver risk assessment through claims processing automation.
buyer: CalAmp Corp. (CAMP:$241.26)
CalAmp is a proven leader in providing wireless communications solutions to a broad array of vertical market applications and customers. CalAmp's scalable cloud service platform, and targeted software applications streamline otherwise complex Machine-to-Machine (M2M) deployments. "
target: Crashboxx
Crashboxx™ is an early stage technology company focused on insurance telematics applications across the entire auto insurance lifecycle, from driver risk assessment through claims processing automation.
price ($mm)
$1.50
rev ($mm)
EBITDA ($mm)
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closed 2/1/2013 via PR Newswire

Solera Holdings, Inc., acquired HyperQuest, Inc.

synopsis: Solera Holdings, Inc. announced that it has acquired 100% of the outstanding shares of HyperQuest, Inc. HyperQuest is a provider of proprietary, web-based subrogation solutions and disruptive software tools that lower processing costs and provide objectivity to both subrogation claims and out-of-network claims.
buyer: Solera Holdings, Inc. (SLH:$1,140.85)
Solera is the leading global provider of software and services to the automobile insurance claims processing industry. Solera is active in over 60 countries across six continents. The Solera companies include Audatex in the United States, Canada, and in more than 45 additional countries. "
target: HyperQuest, Inc.
HyperQuest is a provider of proprietary, web-based subrogation solutions and disruptive software tools that lower processing costs and provide objectivity to both subrogation claims and out-of-network claims.
price ($mm)
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closed 6/1/2012 via GlobeNewswire

Ebix, Inc., acquired Fintechnix

synopsis: Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance industry, announced that its Australian operation has acquired Fintechnix, a leading supplier of web based straight through processing solutions to the Australian Life Insurance and Wealth Management sectors.
buyer: Ebix, Inc. (EBIX:$570.76)
Ebix, Inc. provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry. "
target: Fintechnix
Founded in 1992, Sydney based Fintechnix is an Australian information technology company that has been delivering enterprise-wide innovation to the front and back office operations of financial services companies in Australia.
price ($mm)
$5.08
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/21/2010 via BusinessWire

Focus Holdings, LLC, will acquire BIPT, Inc.

synopsis: BIPT, Inc. a leading provider of integrated, end-to-end insurance solutions and Focus Technologies, LLC, the technology arm of Focus Holdings, LLC. Under the terms of the transaction, BIPT will be acquired by Focus Technologies and the managing principals of BIPT will become partners in Focus Technologies.
buyer: Focus Holdings, LLC
Focus Holdings, LLC is a diversified group of companies serving the property/casualty industry. "
target: BIPT, Inc.
BIPT, Inc. offers the Property and Casualty insurance industry a comprehensive, web-based policy and claims administration system for personal lines in TiVA. As a hosted solution, TiVA integrates rating and quotation, underwriting, claims, and accounting management functions.
price ($mm)
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announced 3/9/2020 via BNC Analysis

Allianz X, will acquire ControlExpert GmbH

synopsis: Allianz X, the digital investment unit of the Allianz Group, will acquire a majority stake in ControlExpert from General Atlantic, a global growth equity firm. ControlExpert is a German provider of claims management solutions. ControlExpert digitalizes manual processes for insurance companies, repair shops, and OEMs in the automotive industry.
buyer parent: Allianz Group
buyer: Allianz X
Allianz X is the digital investment unit of the Allianz Group. Allianz X is investing in digital growth companies that are part of the ecosystems related to insurance. The company identifies and invests in the best digital frontrunners that are strategically relevant for the Allianz Group. "
target parent: General Atlantic, LLC
target: ControlExpert GmbH
ControlExpert is a German provider of claims management solutions. ControlExpert digitalizes manual processes for insurance and leasing companies, repair shops, and OEMs in the automotive industry. Their solution helps businesses to determine repair costs in real time and quickly settle claims.
price ($mm)
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closed 6/21/2018 via GlobeNewswire

Verisk Analytics, Inc., acquired Validus-IVC Ltd.

synopsis: Verisk, a leading data analytics provider, has acquired Validus-IVC, a provider of claims management and analysis services to the UK motor insurance industry. Validus-IVC offers a cloud-based platform that enables users to view real-time claims information and automate processes that are repetitive, time consuming and inefficient.
buyer: Verisk Analytics, Inc. (NasdaqGS:VRSK:$2,748.00)
Verisk Analytics is a leading data analytics provider serving customers in insurance, natural resources, and financial services. Using advanced technologies to collect and analyze billions of records, Verisk Analytics provides first-to-market innovations that are integrated into customer workflows. "
target: Validus-IVC Ltd.
Validus-IVC provides claims management and analysis services to the UK motor insurance industry. Validus-IVC offers a cloud-based platform that enables users to exchange and view real-time claims information. The platform automates processes that are repetitive, time consuming and inefficient.
price ($mm)
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announced 4/27/2017 via BNC Analysis

THRE Thai Reinsurance Public Company Limited, will acquire EMCS Thai Company Limited

synopsis: Thai Reinsurance Public Company Limited (THRE) sent the letter of intent to acquire 51% of EMCS Thai Company Limited. EMCS Thai Co., Ltd. is the Online Service Provider for Insurance Companies and their Related Business Partners. ECMS Thai is an expert in Software Solutions particularly for Insurance and Automotive Service Repair Industries.
buyer: THRE Thai Reinsurance Public Company Limited (SET:THRE:$130.30)
THRE is a professional reinsurer with 5,413 million baht in shareholders' equity, THRE has the financial strength and market knowledge to provide high quality reinsurance services. "
target: EMCS Thai Company Limited
EMCS Thai Co., Ltd. is the Online Service Provider for Insurance Companies and their Related Business Partners. ECMS Thai is an expert in Software Solutions particularly for Insurance and Automotive Service Repair Industries.
price ($mm)
$3.56*
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/21/2016 via PR Newswire

Blue Hill Data Services, Inc., acquired XyberNET

synopsis: Blue Hill Data Services announced the addition of XyberNET to the company's growing Applications Support services portfolio. XyberNET has been a proven leader in comprehensive insurance processing systems and services since 1979, serving the credit insurance and debt protection markets.
buyer: Blue Hill Data Services, Inc.
Blue Hill Data Services/CAPS helps clients reduce their operating costs and minimize risk by providing fully managed data center hosting solutions, applications support, and a full array of complementary support services. "
target: XyberNET
XyberNET is a leader in software and application services for the credit insurance and debt protection markets, recognized as the gold standard for over 30 years. Clients choose XyberNET administration systems for their security, availability, reliability, accuracy and ease of use.
price ($mm)
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closed 10/23/2018 via BusinessWire

CoreLogic, Inc., acquired Symbility Solutions Inc.

synopsis: CoreLogic, a leading global provider of property information, insight, analytics and data-enabled solutions, announced the closing of its acquisition of Symbility Solutions, a global software company focused on modernizing the insurance industry.
buyer: CoreLogic, Inc. (CLGX:$1,739.51)
CoreLogic is a leading global property information, analytics and data-enabled services provider. They combine data from public, contributory and proprietary sources, providing coverage of property and other encumbrances, consumer credit, tenancy, location, hazard risk and performance information. "
target: Symbility Solutions Inc. (AUT.V:$33.06)
Symbility Solutions provides cloud-based and smartphone-enabled claims technology for the insurance industries. Their products, Symbility Property and Symbility Health, empower insurers to collaborate across the claims processing workflow and reduce costs while delivering a claims experience.
price ($mm)[EV]
$107 [$85]*
rev ($mm)
$43
EBITDA ($mm)
$4
EV / rev
3.0x
EV / EBITDA
33.7x
closed 10/6/2020 via GlobeNewswire

Claim Central Consolidated, acquired Livegenic Inc

synopsis: Claim Central Consolidated Pty Ltd, a pioneer in claims fulfillment technology, has acquired the remaining shares of Livegenic Inc, an industry-leading, on-demand and live, virtual collaboration platform for insurance loss. With this acquisition, Livegenic will become a wholly-owned subsidiary in the Claim Central Group.
buyer: Claim Central Consolidated
Claim Central is a global leader in property and auto insurance claims technology, services, and data and insights. Claim Central’s market-leading technology solutions simplify the claims process and significantly improve policyholder service satisfaction on behalf of leading insurers. "
target: Livegenic Inc
Livegenic provides cloud-based, real-time video solutions to property and casualty insurance organizations. Their platform streamlines communication between in-house and external adjusters, appraisers, contractors, and policyholders, provides field video loss documentation capabilities, and more.
price ($mm)
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closed 10/6/2020 via GlobeNewswire

Claim Central Consolidated, acquired Livegenic Inc

synopsis: Claim Central Consolidated Pty Ltd, a pioneer in claims fulfillment technology, has acquired the remaining shares of Livegenic Inc, an industry-leading, on-demand and live, virtual collaboration platform for insurance loss. With this acquisition, Livegenic will become a wholly-owned subsidiary in the Claim Central Group.
buyer: Claim Central Consolidated
Claim Central is a global leader in property and auto insurance claims technology, services, and data and insights. Claim Central’s market-leading technology solutions simplify the claims process and significantly improve policyholder service satisfaction on behalf of leading insurers. "
target: Livegenic Inc
Livegenic provides cloud-based, real-time video solutions to property and casualty insurance organizations. Their platform streamlines communication between in-house and external adjusters, appraisers, contractors, and policyholders, provides field video loss documentation capabilities, and more.
price ($mm)
rev ($mm)
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closed 10/6/2020 via GlobeNewswire

Claim Central Consolidated, acquired Livegenic Inc

synopsis: Claim Central Consolidated Pty Ltd, a pioneer in claims fulfillment technology, has acquired the remaining shares of Livegenic Inc, an industry-leading, on-demand and live, virtual collaboration platform for insurance loss. With this acquisition, Livegenic will become a wholly-owned subsidiary in the Claim Central Group.
buyer: Claim Central Consolidated
Claim Central is a global leader in property and auto insurance claims technology, services, and data and insights. Claim Central’s market-leading technology solutions simplify the claims process and significantly improve policyholder service satisfaction on behalf of leading insurers. "
target: Livegenic Inc
Livegenic provides cloud-based, real-time video solutions to property and casualty insurance organizations. Their platform streamlines communication between in-house and external adjusters, appraisers, contractors, and policyholders, provides field video loss documentation capabilities, and more.
price ($mm)
rev ($mm)
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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)
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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)
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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)
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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)
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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)
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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)
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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:$1,121.74)
Crawford & Company is the world's largest independent provider of claims management solutions to insurance companies and self-insured entities, with a global network of more than 700 offices in 63 countries. Major service lines include property and casualty claims management. "
target parent: JPB Capital Partners
target: ClaimHub, Inc.
ClaimHub, Inc. is a web-based workflow solution enabling property and casualty insurance companies, self-insureds, third-party administrators, and adjusters to maximize the efficiency of managing and administering loss claims for auto physical damage, property and catastrophic events.
price ($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)
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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 5/12/2015 via BusinessWire

Insurity, Inc, acquired Oceanwide Inc.

synopsis: Insurity, Inc., a provider of core insurance processing and data integration and analysis solutions, announced its acquisition of Montreal, Quebec based insurance software firm Oceanwide, Inc. Since 1996, Oceanwide has been delivering SaaS core processing solutions to property and casualty insurers of all sizes across the globe.
buyer: Insurity, Inc
Insurity, Inc. enables property & casualty insurers to modernize their enterprise and achieve their business goals. Insurity’s core processing applications and data integration and analysis solutions are backed by rich insurance expertise. "
target: Oceanwide Inc.
Oceanwide delivers SaaS core processing solutions to property and casualty insurers of all sizes across the globe. Their configurable insurance software solutions enable insurers to react to market changes, configure new products and manage their products with increased speed and lower costs.
price ($mm)
rev ($mm)
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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
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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)
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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)
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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)
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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 10/1/2013 via BusinessWire

DealerTrack, Inc., acquired VINtek, Inc.

synopsis: Dealertrack announced the completion of its acquisitions of VINtek, a provider of automotive collateral management, electronic lien and title (ELT) and consumer automotive finance processing services. Vintek offers a number of industry-leading services and solutions, including electronic vehicle title, tax processing services, and eContracting.
buyer: DealerTrack, Inc. (TRAK:$993.05)
DealerTrack's intuitive and high-value web-based software solutions and services enhance efficiency and profitability for all major segments of the automotive retail industry, including dealers, lenders, OEMs, third-party retailers, agents, and aftermarket providers. "
target: VINtek, Inc.
VINtek, Inc. provides automotive collateral management and business process outsourcing services for banks, credit unions, and other auto finance institutions using paper or electronic titles. It offers direct auto finance solutions; and electronic lien and title solutions.
price ($mm)
$53
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

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Guidewire Software, Inc.
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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.
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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.
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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.
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EBITDA ($mm)
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EBIT ($mm)
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Employees
1893
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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.
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EBIT ($mm)
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