Add-on Acquisition • Information Technology

Utilant Acquires IMTI Systems

On January 16, 2020, Utilant acquired information technology company IMTI Systems

Acquisition Context

This is Utilant’s 1st transaction in the Information Technology sector.
This is Utilant’s 1st transaction in the United States.
This is Utilant’s 1st transaction in New York.

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M&A Deal Summary
Date	January 16, 2020
Target	IMTI Systems
Sector	Information Technology
Buyer(s)	Utilant
Deal Type	Add-on Acquisition

Target Company

IMTI Systems

Riverdale, New York, United States

IMTI Systems is a technology service provider. IMTI products and services ensure that the loss control engineer and premium auditor have the tools to collect their data and findings in real-time. IMTI Systems was established in 1979 and is based in Riverdale, New York.

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Buyer Overview 1

Buyer

Utilant

Buffalo, New York, United States

Category	Company
Founded	2005
Sector	Information Technology

DESCRIPTION

Utilant is a provider of the P&C insurance industry’s premier loss control survey management through its LossControl360 SaaS solution. Utilant was established in 2005 and is based in Buffalo, New York.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: New York	1 of 1
Country: United States	1 of 1
Year: 2020	1 of 1

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