M&A Deal Summary

Miller Investment Management Acquires OWIT Global

On January 1, 2018, private equity firm Miller Investment Management acquired software company OWIT Global

Acquisition Highlights
  • This is Miller Investment Management’s 1st transaction in the Software sector.
  • This is Miller Investment Management’s 8th transaction in the United States.
  • This is Miller Investment Management’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2018-01-01
Target OWIT Global
Sector Software
Buyer(s) Miller Investment Management
Deal Type Buyout (LBO, MBO, MBI)

Target

OWIT Global

West Hartford, Connecticut, United States
OWIT Global is a global insurance specialist technology provider for carriers, brokers, reinsurers, and MGA/MGUs. OWIT Global solutions have been designed and built from the “ground up” and the “cloud down” on a modern architecture designed to optimize no-code and cloud deployment. OWIT Global was founded in 2018 and is based in West Hartford, Connecticut.

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Buyer(S) 1

DESCRIPTION

Miller Investment Management is a diversified asset management firm. In addition to managing portfolios for clients, Miller also engages in direct private equity and real estate investing. Miller Investment Management was formed in 1998 and is headquartered in West Conshohocken, Pennsylvania.


DEAL STATS #
Overall 8 of 8
Sector: Software M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 5 of 5
State: Connecticut M&A 1 of 1
Country: United States M&A 8 of 8
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 Nora Gardner

New York City, New York, United States

Nora Gardner creates and manufacture of sustainable, stylish clothes that blend fashion and apparel in, embodying our commitment to quality and ethical production. Nora Gardner has received rave reviews, becoming a trusted resource for high-profile news anchors and industry leaders, as well as a highly rated uniform supplier to airlines, hospitality groups, health care providers. Nora Gardner makes high-quality, versatile, and attractive women's office wear made in the Garment District. Nora Gardner was founded in 2013 and is based in New York City, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-20 DICE

South San Francisco, California, United States

DICE designs and develops oral medicines against biologically validated targets in immunology for the treatment of chronic autoimmune and inflammatory diseases. DICE was founded in 2013 and is based in South San Francisco, California.

Sell -