M&A Deal Summary

Vertafore Acquires Surefyre

On November 4, 2024, Vertafore acquired internet software and services company Surefyre

Acquisition Highlights
  • This is Vertafore’s 4th transaction in the Internet Software and Services sector.
  • This is Vertafore’s 10th transaction in the United States.
  • This is Vertafore’s 3rd transaction in California.

M&A Deal Summary

Date 2024-11-04
Target Surefyre
Sector Internet Software and Services
Buyer(s) Vertafore
Deal Type Add-on Acquisition

Target

Surefyre

San Francisco, California, United States
Surefyre provides a cloud-based software platform for Property & Casualty insurance MGAs, wholesalers, and carriers, empowering them to automate workflows and optimize operational efficiency. Surefyre was founded in 2017 and is based in San Francisco, California.

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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 11 of 11
Sector: Internet Software and Services M&A 4 of 4
Type: Add-on Acquisition M&A Deals 8 of 8
State: California M&A 3 of 3
Country: United States M&A 10 of 10
Year: 2024 M&A 1 of 1
PREVIOUS 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.

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