Announced
Completed
Financials
Sources
Tags
insurance & reinsurance software
Software
United Kingdom
Private
Acquisition
Completed
Friendly
Single Bidder
Private Equity
Majority
Cross Border
Synopsis
Verisk Analytics, a data analytics provider, completed the acquisition of Sequel Business Solutions, a provider of software and services to the Lloyd’s of London and the broader insurance markets, from HG Capital, a private equity firm, for £250m. Sebastien Briens, Partner at HgCapital, commented: “We are delighted that Sequel can continue to flourish with such a strong and capable partner. We are proud to have been associated with Mario and his team in driving the growth of Sequel in the past three years, and believe that the business is very well positioned to be successful within the property/casualty insurance markets."
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