M&A Deal Summary

MIB Group Acquires RiskRighter

On April 29, 2024, MIB Group acquired insurance company RiskRighter

Acquisition Highlights
  • This is MIB Group’s 1st transaction in the Insurance sector.
  • This is MIB Group’s 2nd transaction in the United States.
  • This is MIB Group’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2024-04-29
Target RiskRighter
Sector Insurance
Buyer(s) MIB Group
Deal Type Add-on Acquisition

Target

RiskRighter

Harrisburg, Pennsylvania, United States
RiskRighter is a life insurance company that offers solutions for medical records summarization for several insurance providers. RiskRighter is based in Harrisburg, Pennsylvania.

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Buyer(S) 1

Buyer

MIB Group

Braintree, Massachusetts, United States
Category Company
Founded 1902
Sector Insurance
DESCRIPTION

MIB Group, Inc. is the life and health insurance industry's most trusted and secure partner for data-driven risk management and digital solutions that protect the financial integrity of its members and clients while addressing their evolving needs. MIB Group, Inc. was founded in 1902 and is based in Braintree, Massachusetts.

DEAL STATS #
Overall 2 of 2
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Pennsylvania) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-30 Paperless Solutions Group

Gainesville, Florida, United States

Paperless Solutions Group is a provider of cloud-based software solutions for the life insurance and financial services industry. Paperless Solutions Group products and services provide unparalleled automation and integration for the insurance services industry.

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