Add-on Acquisition • Software

Risk Management Solutions Acquires HWind Scientific

On October 7, 2015, Risk Management Solutions acquired software company HWind Scientific

Acquisition Context
  • This is Risk Management Solutions’ 1st transaction in the Software sector.
  • This is Risk Management Solutions’ 1st transaction in the United States.
  • This is Risk Management Solutions’ 1st transaction in Florida.

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M&A Deal Summary

Date October 7, 2015
Target HWind Scientific
Sector Software
Buyer(s) Risk Management Solutions
Deal Type Add-on Acquisition

Target Company

HWind Scientific

Tallahassee, Florida, United States
HWind Scientific LLC is a provider of software services for understanding of current wind field conditions and the current storm location.
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Buyer Overview 1

Buyer

Risk Management Solutions

Newark, California, United States

Category Company
Founded 1988
Sector Software
Employees1,200
DESCRIPTION

Risk Management Solutions is a provider of software products and services for insurers, financial markets, corporations, and public agencies evaluate and manage catastrophe risks throughout the world. Risk Management Solutions was founded in 1988 and is based in Newark, California.


Deal Context for Buyer #
Overall 1 of 1
Sector: Software 1 of 1
Type: Add-on Acquisition 1 of 1
State: Florida 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1