M&A Deal Summary

CIS Group Acquires Advanced Field Services

On October 6, 2008, CIS Group acquired information services company Advanced Field Services from Eagle Eye

Acquisition Highlights
  • This is CIS Group’s 1st transaction in the Information Services sector.
  • This is CIS Group’s 1st transaction in the United States.
  • This is CIS Group’s 1st transaction in Texas.

M&A Deal Summary

Date 2008-10-06
Target Advanced Field Services
Sector Information Services
Buyer(s) CIS Group
Sellers(s) Eagle Eye
Deal Type Divestiture

Target

Advanced Field Services

North Richland Hills, Texas, United States
Advanced Field Services, Inc. provides professional information reporting services to the property and casualty insurance industry.

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Buyer(S) 1

Buyer

CIS Group

Southlake, Texas, United States

Category Company
Founded 1996
Sector Insurance
DESCRIPTION

CIS Group is a provider of field underwriting services to the insurance and banking industries in the United States. CIS completes more than two million field surveys annually and provides the most comprehensive suite of field reporting services in the marketplace.


DEAL STATS #
Overall 1 of 2
Sector (Information Services) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 2
Year (2008) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-03 Cornerstone Appraisal Services

Valparaiso, Indiana, United States

Cornerstone Appraisal Services, Inc., an insurance inspection company providing carriers with accurate, timely, and professional inspection services for high-value residential properties nationwide.

Buy -

Seller(S) 1

SELLER

Eagle Eye

Guildford, United Kingdom

Category Company
Founded 2003
Sector Information Technology
Employees258
Revenue 32M GBP (2022)
DESCRIPTION

Eagle Eye provides real-time, multichannel digital offers, vouchers, and rewards delivered through its pioneering multi-patented transaction software platform. Eagle Eye was founded in 2003 and is based in Guildford, England.


DEAL STATS #
Overall 1 of 1
Sector (Information Services) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1