Verisk to acquire AccuLynx for $2.35bn.

Verisk, a multinational data analytics and risk assessment firm, agreed to acquire AccuLynx, a SaaS business management platform for residential property contractors with expertise in roofing, for $2.35bn. “AccuLynx is a natural fit and extension of the solutions we provide insurance carriers, adjustors and contractors through our Property Estimating Solutions business. Together we have an incredible opportunity to enhance the network effect of these businesses and create significant value for all parties in the insurance claims and restoration ecosystem, from insurers to contractors and policyholders,” Lee Shavel, Verisk President and CEO.