Divestiture • Business Services

Martin Acquires IDP - Bureau Reporting Business

On February 10, 2025, Martin acquired business services company IDP - Bureau Reporting Business from IDP

Acquisition Context
  • This is Martin’s 1st transaction in the Business Services sector.
  • This is Martin’s 2nd transaction in the United States.
  • This is Martin’s 2nd transaction in Pennsylvania.

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M&A Deal Summary

Date February 10, 2025
Target IDP - Bureau Reporting Business
Sector Business Services
Buyer(s) Martin
Sellers(s) IDP
Deal Type Divestiture

Target Company

IDP - Bureau Reporting Business

Wyncote, Pennsylvania, United States
IDP's bureau reporting platform reports to all major bureaus for all lines of business in every state. Their streamlined reporting processes and software reduce costs for carriers by handling time-consuming tasks.
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Buyer Overview 1

Buyer

Martin

Newtown Square, Pennsylvania, United States

Category Company
Founded 1993
Sector Information Technology
DESCRIPTION

Martin is a specialized provider of consulting services, data, and technology to insurance carriers and MGAs. Martin's suite of products and services helps clients ensure compliance and improve performance throughout the insurance product lifecycle. Martin was founded in 1993 and is based in Newtown Square, Pennsylvania.


Deal Context for Buyer #
Overall 2 of 2
Sector: Business Services 1 of 1
Type: Divestiture 2 of 2
State: Pennsylvania 2 of 2
Country: United States 2 of 2
Year: 2025 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-10 IDP - Compass Business

Wyncote, Pennsylvania, United States

IDP's Compass Business is a reporting software platform, offers analytical upside to a company's data story using key metrics to monitor performance and profitability.

Buy -

Seller Profile 1

SELLER

IDP

Philadelphia, Pennsylvania, United States

Category Company
Sector Information Technology
DESCRIPTION

IDP provides policy administration systems, reporting, business intelligence, and analytics built specifically for insurers. IDP was founded in 1949 and is based in Philadelphia, Pennsylvania.


Deal Context for Seller #
Overall 2 of 2
Sector: Business Services 1 of 1
Type: Divestiture 2 of 2
State: Pennsylvania 2 of 2
Country: United States 2 of 2
Year: 2025 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-10 IDP - Compass Business

Wyncote, Pennsylvania, United States

IDP's Compass Business is a reporting software platform, offers analytical upside to a company's data story using key metrics to monitor performance and profitability.

Sell -