M&A Deal Summary |
|
|---|---|
| Date | 2020-09-23 |
| Target | Impact Financial Systems |
| Sector | Information Technology |
| Buyer(s) | iPipeline |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1995 |
| Sector | Internet Software and Services |
iPipeline is a provider of cloud-based software solutions for the life insurance and financial services industries. Through its SSG Digital, end-to-end platform, iPipeline accelerates and simplifies sales, compliance, operations, and support. iPipeline provides process automation and seamless integration between every participant in its ecosystem including carriers, agents, general agencies, advisors, broker-dealers, RIAs, banks, securities/mutual fund firms, and consumers on a global basis.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 8 |
| Sector: Information Technology M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 8 of 8 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 5 of 5 |
| Year: 2020 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-09-22 |
WELIS
Norwood, Massachusetts, United States WELIS is a provider of life insurance illustration systems supporting individual and group lines of business for carriers in the US. Its Ascent Illustration System is designed to help insurers sell and service customers in a multi-channel distribution environment. The software is constructed as a standard single life illustration system that can be transformed into a sophisticated multiple life / multiple plan system with a single button click. As a single platform, it can be used by multiple distribution channels requiring only a basic ledger to those with sophisticated multiple life COLI needs. WELIS is based in Norwood, Massachusetts. |
Buy | - |
