M&A Deal Summary

Munich-American Holding Acquires Relayr

On October 25, 2018, Munich-American Holding acquired software company Relayr for 252M USD

Acquisition Highlights
  • This is Munich-American Holding’s 1st transaction in the Software sector.
  • This is Munich-American Holding’s largest (disclosed) transaction.
  • This is Munich-American Holding’s 3rd transaction in the United States.
  • This is Munich-American Holding’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2018-10-25
Target Relayr
Sector Software
Buyer(s) Munich-American Holding
Deal Type Add-on Acquisition
Deal Value 252M USD

Target

Relayr

Boston, Massachusetts, United States
Relayr, Inc. is a rapidly-growing IoT company providing enterprise middleware and IoT solutions for the digital transformation of industries. The company has around 200 employees working in offices in seven cities in the US, UK, Germany and Poland. relayr has won multiple awards highlighting the success and high recognition of the company - amongst others it was named “Hottest Internet of Things Startup” at the Europas Tech Startup Awards and won the McKinsey’s and Handelsblatt’s Spark Award for Best Digital Company.

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Buyer(S) 1

Buyer

Munich-American Holding

Princeton, New Jersey, United States

Category Company
Founded 2000
Sector Insurance
DESCRIPTION

Munich-American Holding Corporation engages in the insurance and reinsurance businesses.


DEAL STATS #
Overall 3 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Massachusetts) 1 of 1
Country (United States) 3 of 3
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-31 HSB Group

Hartford, Connecticut, United States

HSB Group, Inc. is a provider of specialty insurance products, engineering services, and management consulting.

Buy -