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Transactions / Z•••••• I•••

C•••••••• Capital Acquires Insurance Software Leader Z••••• And Announces Strategic Acquisition Of Advisen

Platform acquisitionclosedannounced Nov 17, 2020closed Nov 17, 2020Fact
What happened
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
financial_services / insurance
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
4 named
Buy side
Advisory side
  • H••••••• L••••Financial adviserconfirmed
    H••••••• L•••• served as financial advisor to Advisen.
  • W•••••• B•••• • C••••••• L•••••Sell-side adviserconfirmed
    W•••••• B•••• & Company served as financial advisor to Z••••• and Aurora.
Side not stated
  • C•••••••• C•••••• G••••• L••• (together with its affiliates, "C••••••••") today announced that it has completed its acquisition of Z•••••• I••• ("Z•••••") and has also acquired Advisen Ltd. ("Advisen"), further establishing the new platform as the leading software-as-a-service (SaaS) provider of fro
Evidence
C•••••••• C•••••• G••••• L••• (together with its affiliates, "C••••••••") today announced that it has completed its acquisition of Z•••••• I••• ("Z•••••") and has also acquired Advisen Ltd. ("Advisen"), further establishing the new platform as the leading software-as-a-service (SaaS) provider of front office insurance solutions.
C•••••••• Capital Acquires Insurance Software Leader Z••••• And Announces Strategic Acquis | Private Equity Intelligence | DFX