M&A Deal Summary

Cogitate Acquires Axiom

On May 9, 2022, Cogitate acquired software company Axiom

Acquisition Highlights
  • This is Cogitate’s 1st transaction in the Software sector.
  • This is Cogitate’s 1st transaction in the United States.
  • This is Cogitate’s 1st transaction in Georgia.

M&A Deal Summary

Date 2022-05-09
Target Axiom
Sector Software
Buyer(s) Cogitate
Deal Type Add-on Acquisition

Target

Axiom

Marietta, Georgia, United States
Axiom is a Claims & Billing software provider for Property and Casualty Insurance. Axiom's flagship products dotClaim and dotBill offer a variety of operation and technology consulting services focusing on claims and billing. Axiom was launched in 2000 and is headquartered in Marietta, Georgia.

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Buyer(S) 1

Buyer

Cogitate

Atlanta, Georgia, United States

Category Company
Founded 2012
Sector Software
DESCRIPTION

Cogitate is a full-stack, cloud-native digital underwriting and distribution software provider for Property & Casualty Insurance Industry. Cogitate develops modern and innovative technology products and solutions to transform insurance business models to create a competitive advantage in a time of rapid industry change. Cogitate was launched in 2012 and is headquartered in Marietta, Georgia.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1