Tech Company M&A Transactions
RiskGenius Acquisition
RiskGenius was acquired by Bold Penguin. The deal was announced on 11/17/2020. What Bold Penguin paid for RiskGenius was not announced.
Transaction Overview
Company Name
Acquired By
Announced On
11/17/2020
Transaction Type
M&A
Amount
Unknown
M&A Terms
The acquisition will add RiskGenius's data and analytics products, as well as the team, to Bold Penguin's existing SaaS platform. RiskGenius will become part of Bold Penguin's insurance intelligence effort, which leverages data and has a focus on intuitive workflow processing. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
InsureTech
Mailing Address
6400 Glenwood St. 320
Overland Park, KS 66202
USA
Overland Park, KS 66202
USA
Phone
Website
Email Address
Overview
There are a lot of insurance processes that don't make sense in today's connected, digital world. The RiskGenius team is working to fix these processes by supporting insurance professionals with automation.
Management Team
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