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Announced

Completed

Constellation Software-backed Volaris Group completed the acquisition of SSP.

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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Cross Border

Private

Single Bidder

IT Services: Other

United Kingdom

it systems for the insurance industry

Friendly

Acquisition

Majority

Completed

Synopsis

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Constellation Software-backed Volaris Group, an investment company, completed the acquisition of SSP, a global supplier of technology systems and software for the insurance industry, helping insurers, and brokers to operate more efficient businesses. Financial terms were not disclosed. "Founded in 1984, SSP has grown to be a leading global supplier of technology systems and software for the property and casualty insurance industry. SSP's solutions are designed to help insurers and brokers operate their businesses more efficiently," Constellation Software.

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