M&A Deal Summary

Zurich Insurance Acquires SpearTip

On August 14, 2023, Zurich Insurance acquired information technology company SpearTip

Acquisition Highlights
  • This is Zurich Insurance’s 2nd transaction in the Information Technology sector.
  • This is Zurich Insurance’s 4th transaction in the United States.
  • This is Zurich Insurance’s 1st transaction in Missouri.

M&A Deal Summary

Date 2023-08-14
Target SpearTip
Sector Information Technology
Buyer(s) Zurich Insurance
Deal Type Add-on Acquisition

Target

SpearTip

St. Louis, Missouri, United States
SpearTip is a cyber counterintelligence firm that helps protect clients against cyber threats through proactive and response services. SpearTip was founded in 2005 and is based in St. Louis, Missouri.

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Buyer(S) 1

Buyer

Zurich Insurance

Zurich, Switzerland

Category Company
Founded 1872
Sector Insurance
Employees60,000
Revenue 70.0B USD (2023)
DESCRIPTION
Entrance to Zurich Insurance's headquarters in Zurich, Switzerland.
Entrance to Zurich Insurance's headquarters in Zurich, Switzerland.

Zurich Insurance is a multi-line insurer that serves its customers in global and local markets. Zurich provides a wide range of general insurance and life insurance products and services. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, including multinational corporations, in more than 170 countries. The Company was formed in 1872 and is based in Zurich, Switzerland.


DEAL STATS #
Overall 10 of 10
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 7 of 7
State (Missouri) 1 of 1
Country (United States) 4 of 4
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-31 Zurich Insurance - Singapore Life Insurance Business

Singapore , Singapore

Zurich International Life Limited’s Singapore long-term life insurance business provides a wide range of insurance offerings for commercial and corporate clients under its general insurance entity.

Sell -