.
MergerLinks Header Logo

New Deal


Announced

Completed

GI Partners-backed Insurity completed the acquisition of AuSuM Systems.

Financials

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

Tags

Edit

Majority

Acquisition

Private

Friendly

United States

software development

Single Bidder

Software

Private Equity

Domestic

Completed

Synopsis

Edit

GI Partners-backed Insurity, a provider of cloud-based software, completed the acquisition of AuSuM Systems, a provider of fully integrated, cloud-native software for P&C carriers. Financial terms were not disclosed. "We are very excited to welcome AuSuM Systems to Insurity. Many P&C carriers do not automate all or a portion of the audit and loss control processes. Even fewer integrate it with their underwriting and policy administration processes. This can cause inaccurate risk assessments and premiums. AuSuM Systems’ field-tested, industry-leading solutions combined with Insurity’s configurable software platform will help P&C insurers assess risk," Chris Lafond, Insurity CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US