1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Iowa >
  6. Brown & Brown Acquires Claim Technologies

M&A Deal Summary

Brown & Brown Acquires Claim Technologies

On May 16, 2022, Brown & Brown acquired information technology company Claim Technologies

Acquisition Highlights
  • This is Brown & Brown’s 2nd transaction in the Information Technology sector.
  • This is Brown & Brown’s 95th transaction in the United States.
  • This is Brown & Brown’s 1st transaction in Iowa.

M&A Deal Summary
Date 2022-05-16
Target Claim Technologies
Sector Information Technology
Buyer(s) Brown & Brown
Deal Type Add-on Acquisition

Target

Claim Technologies

Des Moines, Iowa, United States
Claim Technologies uses its proprietary software to offer a wide variety of benefit plan audits to governmental and private employers throughout the United States. Claim Technologies was formed in 1990 and is based in Des Moines, Iowa.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Brown & Brown

Daytona Beach, Florida, United States
Category Company
Founded 1939
Sector Insurance
Employees16,152
Revenue 4.7B USD (2024)
DESCRIPTION
Brown & Brown's headquarters in Daytona Beach, Florida.
Brown & Brown's headquarters in Daytona Beach, Florida.

Brown & Brown provides insurance and reinsurance products and services to general business, corporate, governmental and quasi-governmental, institutional, professional, trade association, and individual clients. Brown & Brown was founded in 1939 and is based in Daytona Beach, Florida.

DEAL STATS #
Overall 99 of 111
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 95 of 107
State: Iowa M&A 1 of 1
Country: United States M&A 95 of 105
Year: 2022 M&A 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-29 Patrick Quinlan Insurance

Dublin , Ireland

Patrick Quinlan Insurance is a boutique-style commercial insurance brokerage, offering meaningful professional commercial insurance advice, services and solutions to a wide range of commercial segments. Patrick Quinlan Insurance was established in 2008 and is based in Dublin, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-01 Dealer Specialties

Monroe, Ohio, United States

Dealer Specialties is an independent sales and service organization providing F&I products and sales support to automotive and power sports dealers primarily in New York state.

Buy -
Mergr

Solution for

Product

Company

Legal