M&A Deal Summary

Xceedance Acquires Millennium

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

Acquisition Highlights
  • 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.

M&A Deal Summary

Date 2024-09-24
Target Millennium
Sector Information Services
Buyer(s) Xceedance
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
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