M&A Deal Summary

Verisk Acquires G2 Risk Solutions

On July 27, 2017, Verisk acquired information technology company G2 Risk Solutions from Primus Capital for 112M USD

Acquisition Highlights
  • This is Verisk’s 11th transaction in the Information Technology sector.
  • This is Verisk’s 10th largest (disclosed) transaction.
  • This is Verisk’s 13th transaction in the United States.
  • This is Verisk’s 2nd transaction in California.
Investment Fate
  • G2 Risk Solutions was divested to a consortium of buyers in 2022.

M&A Deal Summary

Date 2017-07-27
Target G2 Risk Solutions
Sector Information Technology
Buyer(s) Verisk
Sellers(s) Primus Capital
Deal Type Add-on Acquisition
Deal Value 112M USD

Target

G2 Risk Solutions

Burlingame, California, United States
G2 Risk Solutions is a provider of merchant compliance monitoring and e-commerce risk management. G2 works globally with acquiring banks, independent sales organizations (ISOs), payment service providers (PSPs) and other acquiring value chain members to identify, mitigate and monitor risk posed by their merchants’ online presences. G2 Risk Solutions was founded in 2004 and is based in Burlingame, California.

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Buyer(S) 1

Buyer

Verisk

Jersey City, New Jersey, United States

Category Company
Founded 1971
Sector Information Technology
Employees7,800
Revenue 2.9B USD (2024)
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 23 of 40
Sector: Information Technology M&A 11 of 14
Type: Add-on Acquisition M&A Deals 22 of 35
State: California M&A 2 of 3
Country: United States M&A 13 of 22
Year: 2017 M&A 5 of 9
Size (of disclosed) 10 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-28 Emergent Network Intelligence

Newcastle upon Tyne, United Kingdom

Emergent Network Intelligence Ltd. is an innovator in insurance claims efficiency and fraud detection solutions based in Newcastle upon Tyne, United Kingdom. ENI provides U.K. domestic insurers with technological innovations that enable them to process claims more efficiently and to detect fraud. ENI’s core products have led to drastic reductions in claims cycle time and have enabled insurers to discover suspicious claims by accessing a fraud detection and investigation system that analyzes both structured and unstructured data.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-21 Sequel Business Solutions

London, United Kingdom

Sequel Business Solutions Ltd. is an insurance and reinsurance software specialist. Sequel delivers a modern, powerful, and integrated suite of software that provides full end-to-end management of all insurance and reinsurance business. Sequel Business Solutions Ltd. was established in 1993 and is based in London, UK.

Buy £250M

Seller(S) 1

SELLER

Primus Capital

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1983
PE ASSETS 900M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Primus Capital is a private equity firm focused on investing in established companies in the business services, healthcare and education industry sectors. Primus looks for established, high-growth companies with strong management and predictable/recurring revenues. The Firm will consider both control and minority positions and has a target investment size of $15 to $70 million. Prospective transaction types include growth equity financings, recapitalizations, and management-led buyouts. Primus Capital was formed in 1983 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 32 of 47
Sector: Information Technology M&A 4 of 8
Type: Add-on Acquisition M&A Deals 19 of 29
State: California M&A 2 of 5
Country: United States M&A 31 of 46
Year: 2017 M&A 3 of 3
Size (of disclosed) 8 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-24 MBO Partners

Ashburn, Virginia, United States

MBO Partners provides a complete business operating system for independent workers, offering technology solutions that make it easy for self-employed professionals and their clients to do business. By re-envisioning and streamlining the entire contract talent acquisition and engagement lifecycle, MBO improves how independents operate and succeed while helping enterprises reduce risk and get the best return on their contractor investments. MBO Partners was founded in 1996 and is based in Ashburn, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-04 EnableComp

Franklin, Tennessee, United States

EnableComp is a provider of workers' compensation, Veteran Affairs, and other complex claims processing solutions, facilitated by its proprietary software, Enforcer360. EnableComp was founded in 2000 and is based in Franklin, Tennessee.

Buy -