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M&A Deal Summary

Guarantors Acquires Covie Systems - Insurance Verification Technology

On March 20, 2025, Guarantors acquired software company Covie Systems - Insurance Verification Technology from Covie

Acquisition Highlights
  • This is Guarantors’ 1st transaction in the Software sector.
  • This is Guarantors’ 1st transaction in the United States.
  • This is Guarantors’ 1st transaction in Texas.

M&A Deal Summary
Date 2025-03-20
Target Covie Systems - Insurance Verification Technology
Sector Software
Buyer(s) Guarantors
Sellers(s) Covie
Deal Type Divestiture

Target

Covie Systems - Insurance Verification Technology

Pflugerville, Texas, United States
Covie Systems's Insurance Verification Technology instantly validate that an insurance policy is active and meets coverage limit and policy feature requirements.

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Buyer(S) 1

Buyer

Guarantors

New York City, New York, United States
Category Company
Founded 2015
Sector Software
DESCRIPTION

Guarantors offers renters and landlords a comprehensive suite of financial tools designed to benefit both sides. Guarantors was founded in 2015 and is based in New York City, New York

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1

Seller(S) 1

SELLER

Covie

Pflugerville, Texas, United States
Category Company
Founded 2020
Sector Software
DESCRIPTION

Covie offers easiest way for consumers to quickly and securely share their policy information with the apps and services they choose. Covie was founded in 2020 and is based in Pflugerville, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1
Mergr

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