M&A Deal Summary

Origami Risk Acquires Dais

On September 14, 2023, Origami Risk acquired information technology company Dais

Acquisition Highlights
  • This is Origami Risk’s 1st transaction in the Information Technology sector.
  • This is Origami Risk’s 1st transaction in the United States.
  • This is Origami Risk’s 1st transaction in Illinois.

M&A Deal Summary

Date 2023-09-14
Target Dais
Sector Information Technology
Buyer(s) Origami Risk
Deal Type Add-on Acquisition
Advisor(s) Oppenheimer & Co. (Financial)

Target

Dais

Chicago, Illinois, United States
Dais Technology is a no-code platform revolutionizes insurance product creation for MGAs, carriers, and reinsurers with lightning-fast speed. Offering support for all P&C products, Dais’ event-based architecture enables AI-driven bundling, automation, and real-time deployment. Dais was formed in 2016 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Origami Risk

Chicago, Illinois, United States

Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

Origami Risk is a risk and insurance Software as a Service (SaaS) technology firm. Origami Risk serves all members of the risk management community from insured corporate and public entities, to insurance carriers, brokers, TPA’s and risk consultants. The company provides an integrated platform of products including RMIS, GRC, Claims, Safety, Analytics, Underwriting and Data Tools. Origami Risk was founded in 2009 and is based in Chicago, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1