M&A Deal Summary

K2 Insurance Acquires Loss Run Pro

On March 31, 2021, K2 Insurance acquired software company Loss Run Pro

Acquisition Highlights
  • This is K2 Insurance’s 1st transaction in the Software sector.
  • This is K2 Insurance’s 7th transaction in the United States.
  • This is K2 Insurance’s 1st transaction in Montana.

M&A Deal Summary

Date 2021-03-31
Target Loss Run Pro
Sector Software
Buyer(s) K2 Insurance
Deal Type Add-on Acquisition

Target

Loss Run Pro

Missoula, Montana, United States
Loss Run Pro is a simple and easy-to-use subscription software service. LRP simplifies the loss run process by automatically generating and delivering loss run requests. LRP also provides tracking and other useful tools to improve this process. Loss Run Pro was founded in 2020 and is based in Missoula, Montana.

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Buyer(S) 1

Buyer

K2 Insurance

San Diego, California, United States

Category Company
Founded 2011
Sector Insurance
DESCRIPTION

K2 Insurance is an insurance services holding company, which owns a diverse group of MGAs that underwrite and distribute specialty property and casualty insurance products. K2 Insurance was founded in 2011 and is based in San Diego, California.


DEAL STATS #
Overall 7 of 7
Sector (Software) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Montana) 1 of 1
Country (United States) 7 of 7
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-20 Skyward Specialty Insurance Group - XPro Business

Houston, Texas, United States

Skyward Specialty Insurance Group's XPro Business provides solutions for the Pest Control industry.

Buy -