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  6. Dovetail Insurance Acquires NetComp Insurance

M&A Deal Summary

Dovetail Insurance Acquires NetComp Insurance

On March 26, 2013, Dovetail Insurance acquired insurance company NetComp Insurance

Acquisition Highlights
  • This is Dovetail Insurance’s 1st transaction in the Insurance sector.
  • This is Dovetail Insurance’s 1st transaction in the United States.
  • This is Dovetail Insurance’s 1st transaction in South Carolina.

M&A Deal Summary
Date 2013-03-26
Target NetComp Insurance
Sector Insurance
Buyer(s) Dovetail Insurance
Deal Type Add-on Acquisition

Target

NetComp Insurance

Lexington, South Carolina, United States
NetComp Insurance Corp. is a privately held company formed to use state-of-the-art technology to write workers compensation insurance via the web. NetComp designed and manages a mono-line program which targets small- to mid-sized workers compensation insurance risks, distributed via the web to independent agents.

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Buyer(S) 1

Buyer

Dovetail Insurance

Columbia, South Carolina, United States
Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

Dovetail Insurance Corp. is a provider of cloud-based insurance product delivery services for property-casualty insurance carriers, MGAs and brokers.

DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: South Carolina M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
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