Add-on Acquisition • Information Services

Xceedance Acquires Millennium

On September 24, 2024, Xceedance acquired information services company Millennium

Acquisition Context

This is Xceedance’s 1st transaction in the Information Services sector.
This is Xceedance’s 1st transaction in the United States.
This is Xceedance’s 1st transaction in Illinois.

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M&A Deal Summary
Date	September 24, 2024
Target	Millennium
Sector	Information Services
Buyer(s)	Xceedance
Deal Type	Add-on Acquisition

Target Company

Millennium

Itasca, Illinois, United States

Millennium provides advanced inspections, sophisticated technology, and deep-dive analytics. The company provides insurers with data analytics that enable them to identify and take action on individual risks and aggregate trends, and make informed underwriting decisions. Millennium was founded in 1991 and is based in Itasca, Illinois.

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Buyer Overview 1

Buyer

Xceedance

Hamilton, Bermuda

Category	Company
Founded	2013
Sector	Business Services

DESCRIPTION

Xceedance is a provider of consulting, technology, operations support, and data solutions for the insurance sector. Xceedance was formed in 2013 and is headquartered in Hamilton, Bermuda.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Illinois	1 of 1
Country: United States	1 of 1
Year: 2024	1 of 1

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