M&A Deal Summary

Applied Systems Acquires SEMCAT

On June 16, 2015, Applied Systems acquired internet software and services company SEMCAT

Acquisition Highlights
  • This is Applied Systems’ 4th transaction in the Internet Software and Services sector.
  • This is Applied Systems’ 4th transaction in the United States.
  • This is Applied Systems’ 1st transaction in Nebraska.

M&A Deal Summary
Date 2015-06-16
Target SEMCAT
Sector Internet Software and Services
Buyer(s) Applied Systems
Deal Type Add-on Acquisition

Target

SEMCAT

Lincoln, Nebraska, United States
SEMCAT Corp. is a provider of comparative rating technology. SEMCAT provides accurate quoting engine and insurance agents.

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Buyer(S) 1

Buyer

Applied Systems

University Park, Illinois, United States
Category Company
Founded 1983
Sector Internet Software and Services
DESCRIPTION

Applied Systems is a provider of cloud-based software that powers the business of insurance. The Company develops software for independent insurance agents, brokers, managing general agents, and insurance companies, as well as banks and other financial institutions with insurance operations. Applied Systems was founded in 1983 and is based in University Park, Illinois.

DEAL STATS #
Overall 6 of 13
Sector (Internet Software and Services) 4 of 6
Type (Add-on Acquisition) 5 of 12
State (Nebraska) 1 of 1
Country (United States) 4 of 9
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-07 NxTech

Milford, Ohio, United States

NxTech, Inc. is a provider of technology solutions that enable data exchange and integration between insurance carriers and the independent agency channel in the U.S. P&C insurance industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-09 Relay Software

Antrim, Ireland

Relay Software Ltd. is a provider of software to insurance brokers, underwriters and insurers in the Republic of Ireland.

Buy -
Mergr

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