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New Deal


Announced

Apax Partners-backed Duck Creek to acquire Imburse Payments.

Financials

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

Tags

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Acquisition

Switzerland

Payments / Commerce

payments platform

Single Bidder

Friendly

Cross Border

Majority

Private

Pending

Private Equity

Synopsis

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Apax Partners-backed Duck Creek, an intelligent solutions provider, agreed to acquire Imburse Payments, a Swiss-based modern payments platform. Financial terms were not disclosed. “Imburse has developed a great product for the global insurance industry that is not only easy to integrate and implement, but also gives carriers incredible flexibility and payment choices. Imburse has a strong team that embodies Duck Creek’s core values. They have deep expertise across the payments ecosystem and will help to broaden Duck Creek’s insurance industry leadership," Mike Jackowski, Duck Creek CEO.

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