WELIS - Ownership and Business Overview

SoftwareCompany

WELIS Ownership

Who owns WELIS?

WELIS is owned by Internet Pipeline. It was acquired on September 22, 2020.

WELIS Business Overview

Where is WELIS headquartered?

WELIS is headquartered in Norwood, Massachusetts.

What sector is WELIS in?

WELIS is a software company.

Software M&A Summary in 2020

Out of 60 sectors in the Mergr database, software ranked 4 in number of deals in 2020. The largest software acquisition in 2020 was Ellie Mae - which was acquired by Intercontinental Exchange for $11.0B.

Join Mergr to view all 645 acquisitions of software companies in 2020, including 75 acquisitions by private equity firms, and 570 by strategics.

WELIS LLC

10 Oceana Way,
Norwood, Massachusetts 02062
United States,
(781) 255-6990
www.welis.com

WELIS is a provider of life insurance illustration systems supporting individual and group lines of business for carriers in the US. Its Ascent Illustration System is designed to help insurers sell and service customers in a multi-channel distribution environment. The software is constructed as a standard single life illustration system that can be transformed into a sophisticated multiple life / multiple plan system with a single button click. As a single platform, it can be used by multiple distribution channels requiring only a basic ledger to those with sophisticated multiple life COLI needs. WELIS is based in Norwood, Massachusetts.


Company Summary

SECTOR

Software

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