M&A Deal Summary

Novidea Acquires Docomotion

On July 1, 2024, Novidea acquired software company Docomotion

Acquisition Highlights
  • This is Novidea’s 1st transaction in the Software sector.
  • This is Novidea’s 1st transaction in Israel.

M&A Deal Summary
Date 2024-07-01
Target Docomotion
Sector Software
Buyer(s) Novidea
Deal Type Add-on Acquisition

Target

Docomotion

Netanya, Israel
Docomotion is an automated document generation technology provider. Docomotion is based in Netanya, Israel.

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Buyer(S) 1

Buyer

Novidea

Netanya, Israel
Category Company
Sector Internet Software and Services
DESCRIPTION

Novidea is a cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, carriers, and wholesalers. Novidea is based in Netanya, Israel.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Israel) 1 of 1
Year (2024) 1 of 1
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