M&A Deal Summary

Majesco Acquires Decision Research

On January 3, 2024, Majesco acquired internet software and services company Decision Research

Acquisition Highlights
  • This is Majesco’s 3rd transaction in the Internet Software and Services sector.
  • This is Majesco’s 5th transaction in the United States.
  • This is Majesco’s 1st transaction in Hawaii.

M&A Deal Summary
Date 2024-01-03
Target Decision Research
Sector Internet Software and Services
Buyer(s) Majesco
Deal Type Add-on Acquisition
Advisor(s) Fox Rothschild (Legal)

Target

Decision Research

Honolulu, Hawaii, United States
website
Decision Research Corporation is a SaaS-based insurance software company delivering enterprise rating, a reinsurance solution, and core for the P&C insurance market. Decision Research is based in Honolulu, Hawaii.

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Buyer(S) 1

Buyer

Majesco

Morristown, New Jersey, United States

website

Category Company
Founded 1992
Sector Software
Revenue 140M USD (2019)
DESCRIPTION

Majesco provides technology, expertise, and leadership that helps insurers modernize, innovate, and connect to build the future of their business and the future of insurance at speed and scale. The company's platforms connect people and businesses to insurance in ways that are innovative, hyper-relevant, compelling, and personal. Majesco was founded in 1992 and is based in Morristown, New Jersey.

DEAL STATS #
Overall 7 of 7
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 6 of 6
State (Hawaii) 1 of 1
Country (United States) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-03 Global IQX

Nepean, Ontario, Canada

Global IQX is a SaaS-based insurtech who delivers market-leading solutions insurers rely on to streamline, automate, and transform the way they do business. Global IQX was founded in 2000 and is based in Nepean, Ontario.

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Legal