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New Deal


Announced

Verisk to invest in in Rocket Enterprise Solutions.

Financials

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

Tags

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Germany

insurance technology

Pending

Majority

Acquisition

Private

Cross Border

Single Bidder

Property and Casualty Insurance

Friendly

Synopsis

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Verisk, a global data analytics provider, agreed to invest in Rocket Enterprise Solutions, a fast growing insurtech provider in the German property claims sector. Financial terms were not disclosed. “Rocket has been on an extremely rapid growth journey since we founded the company in 2015. Through our intuitive technology and industry expertise we have made significant inroads into Germany. This investment will allow Rocket to further develop our solutions and accelerate our growth into the rest of Europe," Hanno Kahmann, Rocket Enterprise Solutions Managing Director.

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