M&A Deal Summary

SuretyWave Acquires InSure Vision Technologies

On August 10, 2017, SuretyWave acquired internet software and services company InSure Vision Technologies

Acquisition Highlights
  • This is SuretyWave’s 1st transaction in the Internet Software and Services sector.
  • This is SuretyWave’s 1st transaction in the United States.
  • This is SuretyWave’s 1st transaction in California.

M&A Deal Summary

Date 2017-08-10
Target InSure Vision Technologies
Sector Internet Software and Services
Buyer(s) SuretyWave
Deal Type Add-on Acquisition

Target

InSure Vision Technologies

Sherman Oaks, California, United States
InSure Vision Technologies is a developer of The SurePath Network, a web-based surety bond processing system. SurePath gives agents and clients an easy-to-use interface, and gives your organization the latest in Technology and interactive internet services.

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Buyer(S) 1

Buyer

SuretyWave

Torrance, California, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

SuretyWave LLC develops a cloud-based surety bond processing system that significantly reduces the cost of executing and managing surety bonds. The founders helped lead surety industry efforts by being active with ACORD’s standard-setting committee for an electronic interface between carriers and brokers/agents and with the National Association of Surety Bond Producers (NASBP) Surety Automation Committee and Commercial Surety Committee. SuretyWave is based in Torrance, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1