M&A Deal Summary

Insight Services Group Acquires Social Detection

On October 30, 2020, Insight Services Group acquired software company Social Detection

Acquisition Highlights
  • This is Insight Services Group’s 1st transaction in the Software sector.
  • This is Insight Services Group’s 4th transaction in the United States.
  • This is Insight Services Group’s 2nd transaction in Pennsylvania.

M&A Deal Summary

Date 2020-10-30
Target Social Detection
Sector Software
Buyer(s) Insight Services Group
Deal Type Add-on Acquisition

Target

Social Detection

King of Prussia, Pennsylvania, United States
Social Detection, Inc. is a real-time social media software dedicated to finding, filtering, and organizing complex data. Social Detection utilizes deep web techniques and a patent-pending algorithm to search for and retrieve information that is difficult to find.

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Buyer(S) 1

Buyer

Insight Services Group

Danvers, Massachusetts, United States

Category Company
Founded 1995
Sector Insurance
DESCRIPTION

Insight Services Group, Inc. delivers a unique suite of medical and anti-fraud related insurance management services to employers, third party administrators, insurance claim markets, the disability industry, and group health administrators.


DEAL STATS #
Overall 4 of 4
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Pennsylvania M&A 2 of 2
Country: United States M&A 4 of 4
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-17 iUnlimited

Sacramento, California, United States

i-Unlimited, Inc. is a provider of investigative services and solutions to national and regional insurance carriers. i-Unlimited was founded in 2004 and is based in Sacramento, California.

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