M&A Deal Summary

Verisk Acquires Opta Information Intelligence

On March 1, 2022, Verisk acquired information technology company Opta Information Intelligence from SCM Insurance Services

Acquisition Highlights
  • This is Verisk’s 14th transaction in the Information Technology sector.
  • This is Verisk’s 1st transaction in Canada.
  • This is Verisk’s 1st transaction in Ontario.

M&A Deal Summary

Date 2022-03-01
Target Opta Information Intelligence
Sector Information Technology
Buyer(s) Verisk
Sellers(s) SCM Insurance Services
Deal Type Divestiture

Target

Opta Information Intelligence

Markham, Ontario, Canada
Opta Information Intelligence delivers comprehensive property intelligence and loss control services nationwide. Offering streamlined services, Opta provides access to superior data and innovative property solutions, delivering more profitable underwriting results with greater accuracy and insights than ever before. Opta Information Intelligence is based in Markham, Ontario.

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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 38 of 40
Sector: Information Technology M&A 14 of 14
Type: Divestiture M&A Deals 4 of 5
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-24 Infutor

Oakbrook Terrace, Illinois, United States

Infutor is a data-driven consumer identity management. Infutor is solely focused on enabling brands to instantly gain access to the most complete and accurate information about consumers, exactly when they need it, to make informed marketing and risk mitigation decisions. Infutor’s mission is to deliver solutions that accurately identify consumers before, during and in-between engagements, giving brands a secure, privacy-compliant foundation to improve inbound engagement and outbound omnichannel marketing reach and to minimize losses due to fraud and non-payment. Infutor was founded in 2003 and is based in Oakbrook Terrace, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-14 3E

Carlsbad, California, United States

3E is a global provider of data-driven intelligent compliance solutions in the environmental, health, safety & sustainability space. The Company has a long history of innovation that has resulted in the development of differentiated and mission-critical data assets such as global regulatory content and a proprietary database of over 10+ million safety data sheets, 3,000+ regulatory lists and 30,000+ generic classes of substances. 3E was founded in 1988 and is based in Carlsbad, California.

Sell $950M

Seller(S) 1

SELLER

SCM Insurance Services

Edmonton, Alberta, Canada

Category Company
Founded 1986
Sector Insurance
Employees1,500
DESCRIPTION

SCM Insurance Services is a provider of claims adjusting, third-party adjusting (TPA), risk management, investigative, surveillance, risk mitigation, medical services, forensic engineering services, and risk intelligence. SCM Insurance Services was formed in 1986 and is based in Edmonton, Alberta.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-03 Nixon & Co.

St. Louis, Missouri, United States

Nixon & Co., Inc. is a full-service, multi-line insurance adjusting company. Nixon & Co., Inc. was established in 1976 and is headquartered in St. Louis, Missouri.

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