Add-on Acquisition • Internet Software and Services

Applied Systems Acquires SEMCAT

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date June 16, 2015
Target SEMCAT
Sector Internet Software and Services
Buyer(s) Applied Systems
Deal Type Add-on Acquisition

Target Company

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 Overview 1

Buyer

Applied Systems

Chicago, Illinois, United States

Category Company
Founded 1983
Sector Internet Software and Services
DESCRIPTION

Applied Systems is a provider of cloud-based software to the P&C and benefits insurance industries. The company provides agency and brokerage management systems to customers throughout North America and Europe. Applied Systems was founded in 1983 and is based in Chicago, Illinois.


Deal Context for Buyer #
Overall 6 of 14
Sector: Internet Software and Services 4 of 6
Type: Add-on Acquisition 5 of 13
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 -