Announced
Completed
Financials
Sources
Tags
Private
insurtech
Majority
Friendly
United States
Software
Single Bidder
Acquisition
Private Equity
Domestic
Completed
Synopsis
Thoma Bravo-backed Majesco, a provider of cloud insurance platform software, completed the acquisition of Utilant, a US-based InsurTech company, from private equity firm Aquiline. Financial terms were not disclosed. "We’re thrilled to welcome Utilant’s customers to our community and look forward to working with them to accelerate their digital transformation," Adam Elster, Majesco CEO.
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