M&A Deal Summary

Covisum Acquires PrairieSmarts - Risk Tools

On February 21, 2017, Covisum acquired information technology company PrairieSmarts - Risk Tools from PrairieSmarts

Acquisition Highlights
  • This is Covisum’s 1st transaction in the Information Technology sector.
  • This is Covisum’s 1st transaction in the United States.
  • This is Covisum’s 1st transaction in Nebraska.

M&A Deal Summary

Date 2017-02-21
Target PrairieSmarts - Risk Tools
Sector Information Technology
Buyer(s) Covisum
Sellers(s) PrairieSmarts
Deal Type Divestiture

Target

PrairieSmarts - Risk Tools

Omaha, Nebraska, United States
PrairieSmarts LLC - Risk Tools is a provider of an advanced risk management platform for financial services professional.

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Buyer(S) 1

Buyer

Covisum

Omaha, Nebraska, United States

Category Company
Sector Business Services
DESCRIPTION

Covisum is a provider of software, training and support to deliver retirement income plans that improve the lives of clients by facilitating better retirement decisions.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Nebraska) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

PrairieSmarts

Omaha, Nebraska, United States

Category Company
Sector Information Technology
DESCRIPTION

PrairieSmarts LLC is a provider of an advanced and digestible insights into financial risk using some of the world’s best risk algorithms.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Nebraska) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1