Announced
Completed
Financials
Sources
Tags
Canada
insurtech services
Cross Border
FinTech
Majority
Productivity Software
Friendly
Acquisition
Private
Completed
Single Bidder
Synopsis
Majesco, a provider of cloud insurance software solutions for insurance business transformation, completed the acquisition of Global IQX, a developer of a group insurance procurement platform. Financial terms were not disclosed. “We’re thrilled to welcome Global IQX’s customers to our community and look forward to working with them to accelerate their digital business transformation and drive customer excellence. Global IQX market leading solutions combined with our core and absence solutions will provide the L&AH insurance market with some of the most robust, innovative solutions. We are excited to have the talented Global IQX team bring their extensive knowledge and market experience providing critical depth and expertise to our rapidly growing customer base," Adam Elster, Majesco CEO.
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