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Announced

Completed

Clearlake Capital and Aurora Capital-backed Zywave completed the acquisition of Insurance Technologies from Accel-KKR.

Synopsis

Clearlake Capital and Aurora Capital-backed Zywave, a software company headquartered in Milwaukee, completed the acquisition of Insurance Technologies, a provider of marketing, rating and agency management software solutions to the insurance industry, from private equity firm Accel-KKR. Financial terms were not disclosed. "Zywave's acquisition of ITC is a significant move forward towards delivering the most comprehensive suite of software solutions to the insurance industry. ITC's robust comparative rating solution accompanied by agency management and sales enablement tools will drive tremendous value for current and future Zywave customers. We are excited to partner with Laird and the broader ITC team during this next phase of growth," Jason Liu, Zywave CEO.

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