Add-on Acquisition • Internet Software and Services

Sircon Acquires Kaplan Compliance Solutions

On August 23, 2011, Sircon acquired internet software and services company Kaplan Compliance Solutions

Acquisition Context

This is Sircon’s 1st transaction in the Internet Software and Services sector.
This is Sircon’s 1st transaction in the United States.
This is Sircon’s 1st transaction in Indiana.

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M&A Deal Summary
Date	August 23, 2011
Target	Kaplan Compliance Solutions
Sector	Internet Software and Services
Buyer(s)	Sircon
Deal Type	Add-on Acquisition

Target Company

Kaplan Compliance Solutions

Indianapolis, Indiana, United States

Kaplan Compliance Solutions is a provider of insurance and securities software and services. Kaplan Compliance Solutions develops software and outsourcing solutions that streamline and automate the complex processes of on-boarding and producer and representative lifecycle.

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Buyer Overview 1

Buyer

Sircon

Okemos, Michigan, United States

Category	Company
Founded	1994
Sector	Internet Software and Services

DESCRIPTION

Sircon Corporation provides a comprehensive producer lifecycle platform to grow, manage and optimize producer channels. The company offers this platform as software-as-a-service (SaaS) to deliver immediate and compelling value to insurance carriers, insurance agencies and brokers, producers (agents) and state regulators for licensing, recruiting, contracting, regulatory compliance, education tracking and producer management. Sircon’s solutions provide essential industry services by connecting these stakeholders through the Sircon network.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Internet Software and Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Indiana	1 of 1
Country: United States	1 of 1
Year: 2011	1 of 1

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