Add-on Acquisition • Information Technology

Insurity Acquires SpatialKey

On January 8, 2020, Insurity acquired information technology company SpatialKey

Acquisition Context
  • This is Insurity’s 1st transaction in the Information Technology sector.
  • This is Insurity’s 5th transaction in the United States.
  • This is Insurity’s 1st transaction in Texas.

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M&A Deal Summary

Date January 8, 2020
Target SpatialKey
Sector Information Technology
Buyer(s) Insurity
Deal Type Add-on Acquisition

Target Company

SpatialKey

Austin, Texas, United States
SpatialKey, Inc. is a provider of geospatial analytics, data enrichment, and risk intelligence solutions for the P&C insurance industry. SpatialKey was founded in 2011 and is based in Austin, Texas.
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Buyer Overview 1

Buyer

Insurity

Hartford, Connecticut, United States

Category Company
Founded 1971
Sector Information Technology
DESCRIPTION

Insurity provides innovative and flexible insurance technology that allows clients to meet their business goals and offer a simplified experience. With the market's most advanced cloud operations, Insurity's platform offers scalable, highly secure and reliable solutions that increase speed to value. Insurity was founded in 1971 and is based in Hartford, Connecticut.


Deal Context for Buyer #
Overall 6 of 13
Sector: Information Technology 1 of 3
Type: Add-on Acquisition 6 of 13
State: Texas 1 of 2
Country: United States 5 of 12
Year: 2020 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-26 Valen Analytics

Denver, Colorado, United States

Valen Analytics is a provider of proprietary data, analytics and predictive modeling for property and casualty insurers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-25 Epic-Premier Insurance Solutions

Lakeland, Florida, United States

Epic-Premier Insurance Solutions, Inc. offers end-to-end core system software solutions for a diverse client base of MGAs, program managers, and wholesale brokers. Epic-Premier Insurance Solutions is based in Lakeland, Florida.

Buy -