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New Deal


Announced

Completed

GI Partners-backed Insurity completed the acquisition of SpatialKey.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

United States

geospatial analytics

Private Equity

Single Bidder

Acquisition

Completed

Specialty Contracting

Private

Domestic

Synopsis

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GI Partners-backed Insurity, a provider of cloud solutions and data analytics for the world’s largest insurers, brokers, and MGAs, completed the acquisition of SpatialKey, a provider of geospatial analytics, data enrichment, and risk intelligence solutions. Financial terms were not disclosed. "SpatialKey’s solutions are an exceptional complement to the Insurity portfolio. Data and analytics is a key focal point in our strategy of delivering differentiated and high-value products to our clients. The acquisition of SpatialKey will enable us to extend our overall market leadership as well as strengthen and expand our already-robust suite of industry-leading data solutions," Chris Lafond, Insurity CEO.

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