M&A Deal Summary

Guidewire Acquires HazardHub

On August 19, 2021, Guidewire acquired information services company HazardHub

Acquisition Highlights
  • This is Guidewire’s 1st transaction in the Information Services sector.
  • This is Guidewire’s 6th transaction in the United States.
  • This is Guidewire’s 3rd transaction in California.

M&A Deal Summary

Date 2021-08-19
Target HazardHub
Sector Information Services
Buyer(s) Guidewire
Deal Type Add-on Acquisition

Target

HazardHub

San Diego, California, United States
HazardHub is a provider of property hazard data and risk scores in the U.S. HazardHub deliver an innovative offering that models complex natural and manmade phenomena to drive decisions that benefit insurers and insureds. HazardHub was founded in 2016 and is based in San Diego, California.

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Buyer(S) 1

Buyer

Guidewire

San Mateo, California, United States

Category Company
Founded 2001
Sector Software
Employees2,816
Revenue 905M USD (2023)
DESCRIPTION

Guidewire is a provider of technology solutions to property and casualty insurance and workers' compensation insurers. Guidewire delivers proven software to run core insurance operations, including billing, underwriting, policy administration, and claim management. Guidewire was founded in 2001 and is based in San Mateo, California.


DEAL STATS #
Overall 6 of 6
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 6 of 6
State (California) 3 of 3
Country (United States) 6 of 6
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-06 Cyence

San Mateo, California, United States

Cyence, Inc. is a provider of comprehensive platform for the economic modeling of cyber risk. Cyence is based in San Mateo, California.

Buy $275M