M&A Deal Summary

Verisk Acquires Data Driven Safety

On November 2, 2021, Verisk acquired information services company Data Driven Safety from Striker Partners

Acquisition Highlights
  • This is Verisk’s 6th transaction in the Information Services sector.
  • This is Verisk’s 20th transaction in the United States.
  • This is Verisk’s 2nd transaction in North Carolina.

M&A Deal Summary
Date 2021-11-02
Target Data Driven Safety
Sector Information Services
Buyer(s) Verisk
Sellers(s) Striker Partners
Deal Type Add-on Acquisition

Target

Data Driven Safety

Huntersville, North Carolina, United States
Data Driven Safety is a public record data aggregation firm that specializes in driver risk assessment in the United States. DDS efficiently retrieves disparate data from thousands of local law enforcement, DMVs and judicial organizations on a daily basis. DDS then synthesizes this difficult-to-obtain data to provide valuable insights to help insurers reduce costs, better manage risk and anticipate operational challenges. Data Driven Safety was founded in 2009 and is based in Huntersville, North Carolina.

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Buyer(S) 1

Buyer

Verisk

Jersey City, New Jersey, United States
Category Company
Founded 1971
Sector Information Technology
Employees7,500
Revenue 2.7B USD (2023)
DESCRIPTION

Verisk is a source of information about risk.offer risk assessment services and decision analytics for professionals in many fields. property/casualty insurance, financial services, healthcare, government, human resources. Verisk was based in 1971 and is based in Jersey City, New Jersey.

DEAL STATS #
Overall 36 of 38
Sector (Information Services) 6 of 6
Type (Add-on Acquisition) 33 of 34
State (North Carolina) 2 of 2
Country (United States) 20 of 21
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-26 Actineo

Cologne, Germany

Actineo specializes in bodily injury claims, providing tech-enabled and data-driven services to the insurance industry. The Company processes and digitalizes more than 120,000 bodily injury claims per year and develops prediction models for a customer base of more than 50 insurers. Customers benefit from increased transparency, control, and better risk management. Actineo was founded in 2009 and is based in Cologne, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-22 Verisk Financial Services

Jersey City, New Jersey, United States

Verisk Financial is relied upon by financial institutions, payments providers, and retailers worldwide for competitive studies, predictive analytics, models, and advisory services to provide a clear perspective on where their business stands today and how to best position them for success in the future. The company consists of Argus, G2, LCI, Fintellix, Commerce Signals, Verisk Financial Research, and MarketView business entities that are relied upon by financial institutions, payments providers, and retailers worldwide.

Sell $515M

Seller(S) 1

SELLER

Striker Partners

Wayne, Pennsylvania, United States
Category Family Office
Founded 1998
Size Small
Type Sector Agnostic
DESCRIPTION

Striker Partners is a privately held, family backed investment firm that makes control equity investments in growth businesses with less than $30 million in revenue. Striker primarily seeks niche-manufacturing and business service companies, but will consider investments in most industries. Striker looks to commit $5 to $15 million of equity per transaction in companies with $1 to $5 million of EBITDA. Striker's geographic coverage spans the US with a preference for businesses located in the Eastern US. Striker is an investment affiliate of the privately held Graham Group, a family-based global industrial and investment concern. Striker Partners was formed in 1998 and is based in Wayne, Pennsylvania.

DEAL STATS #
Overall 8 of 8
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 6 of 6
State (North Carolina) 1 of 1
Country (United States) 8 of 8
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-04 Little Spurs Pediatric Urgent Care

San Antonio, Texas, United States

Little Spurs Pediatric Urgent Care is operating urgent care clinics for children. Little Spurs Pediatric Urgent Care has assembled a skilled staff of pediatric emergency room experienced, board-certified pediatricians, and experienced advanced practice practitioners who are highly qualified to take care of child’s minor emergencies. Little Spurs Pediatric Urgent Care was founded in 2006 and is based in San Antonio, Texas.

Sell -
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