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  6. Utilant Acquires IMTI Systems

M&A Deal Summary

Utilant Acquires IMTI Systems

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2020-01-16
Target IMTI Systems
Sector Information Technology
Buyer(s) Utilant
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
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