M&A Deal Summary

Vertafore Acquires AgencyZoom

On November 18, 2021, Vertafore acquired internet software and services company AgencyZoom

Acquisition Highlights
  • This is Vertafore’s 3rd transaction in the Internet Software and Services sector.
  • This is Vertafore’s 8th transaction in the United States.
  • This is Vertafore’s 1st transaction in Ohio.

M&A Deal Summary
Date 2021-11-18
Target AgencyZoom
Sector Internet Software and Services
Buyer(s) Vertafore
Deal Type Add-on Acquisition

Target

AgencyZoom

Ohio, United States
AgencyZoom is a cloud-based sales automation platform for insurance agents. Modern agencies count on software and technology solutions to create more efficient processes, automate workflows, empower employees and better serve their clients. AgencyZoom was founded in 2016 and is based in Ohio.

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Buyer(S) 1

Buyer

Vertafore

Denver, Colorado, United States
Category Company
Founded 1969
Sector Software
DESCRIPTION

Vertafore, Inc. is a cloud-based software that provides agency management, compliance, workflow, and data solutions that simplify and automate the complex property and casualty (“P&C”) insurance lifecycle. More than 20,000 agencies and 1,000 insurance carriers rely on Vertafore to streamline their processes, improve efficiency, and drive productivity. Vertafore, Inc. was founded in 1969 and is based in Denver, Colorado.

DEAL STATS #
Overall 9 of 11
Sector (Internet Software and Services) 3 of 4
Type (Add-on Acquisition) 7 of 8
State (Ohio) 1 of 1
Country (United States) 8 of 10
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-16 VUE Software

Coconut Creek, Florida, United States

Computer Solutions & Software International LLC is a single scalable platform built from the ground up for Insurers, MGAs, FMOs, IMOs, and Insurance Distributors who have outgrown their current tools and require greater automation for producer administration and sales processes. Computer Solutions & Software International was founded in 2000 and is based in Coconut Creek, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-28 MGA Systems

Melville, New York, United States

MGA Systems is a provider of purpose-built software for insurance industry. MGA Systems is based in Melville, New York.

Buy -
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