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New Deal


Announced

Hellman & Friedman-backed Applied Systems to acquire EZLynx.

Financials

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

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Private Equity

Acquisition

Pending

Domestic

Software

United States

Friendly

Majority

comparative rating

Private

Synopsis

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Hellman & Friedman-backed Applied Systems, a global provider of cloud-based software, agreed to acquire EZLynx, an agency management system provider. Financial terms were not disclosed. “Start-up and fast-growing independent insurance agencies are on the rise, creating a growing segment of the marketplace looking for automation and technology choice. Applied’s investment in EZLynx further demonstrates our commitment to providing technology choice for agencies of all sizes and increasing automation and connectivity between agencies and insurers to create a more valuable digital distribution channel," Taylor Rhodes, Applied Systems CEO.

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