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  5. eBaoTech Acquires TekInsure Pty

M&A Deal Summary

eBaoTech Acquires TekInsure Pty

On October 29, 2012, eBaoTech acquired software company TekInsure Pty

Acquisition Highlights
  • This is eBaoTech’s 1st transaction in the Software sector.
  • This is eBaoTech’s 1st transaction in Australia.

M&A Deal Summary
Date 2012-10-29
Target TekInsure Pty
Sector Software
Buyer(s) eBaoTech
Deal Type Add-on Acquisition

Target

TekInsure Pty

Sydney, Australia
TekInsure provides enterprise level solutions to international insurers, covering a broad range of products, distribution channels and fulfillment models. Its flagship product delivers multi-lingual, multi-country, full policy lifecycle capability out of the box.

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Buyer(S) 1

Buyer

eBaoTech

Shanghai, China
Category Company
Sector Software
DESCRIPTION

eBaoTech delivers standards-based, highly configurable insurance software solutions to both property and casualty (P&C) and life insurers. eBaoTech's software products enable insurers to realize cost-effective, scalable, flexible and highly automated insurance operations in an ever-changing environment. eBaoTech is based in Shanghai, China.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2012 M&A 1 of 1
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