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New Deal


Announced

Completed

Origami Risk completed the acquisition of Dais Technology.

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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Single Bidder

Majority

insurance technology

Software

United States

Acquisition

Completed

Friendly

Domestic

Private

Synopsis

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Origami Risk, a risk, safety and insurance Software as a Service technology firm, completed the acquisition of Dais Technology, a provider of no-code insurance technology. Financial terms were not disclosed. “Origami continues to experience rapid growth from our ability to provide innovative solutions for the testing and delivery of new products and for capitalizing on market opportunity. Dais complements our core P&C insurance solutions with no-code, storefront and rating-as-a-service capabilities. This acquisition will allow the Dais team to double down on their technology and industry partnerships to bring more value to all insurance ecosystem participants. We are pleased to welcome their talented team to Origami and look forward to an integration that will bring more opportunities to our clients, our people and new areas of growth for our firm,” Bob Petrie, Origami Risk CEO.

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