Vista Equity to take insurtech Duck Creek private
Investment firm Vista Equity Partners is buying insurtech Duck Creek Technologies for US$2.6 billion, according to PYMNTS.
The companies announced the all-cash deal, which takes Duck Creek private, in a news release Monday.
Based in Boston, Duck Creek provides solutions for the property and casualty (P&C) and general insurance industry.
The acquisition is expected to close in the second quarter of 2023.
Vista Equity is headquartered in Austin, and has US$95 billion in assets under management.
Last October saw the company purchase cybersecurity firm KnowBe4 for US$4.6 billion.
-- Contact us at [email protected]
-
HK people in UK fear new immigration rules Mark O'Neill
Hong Kong migrants to Britain have launched a nationwide lobbying campaign to protect their future after the government published proposals to narrow their path to citizenship. Since 2021, 160,000
-
Does Age Matter in Politics? Michael Chugani
Getting old can be depressing. Some people try to hide it with plastic surgery or cosmetics. Others accept that old age is a fact of life. It is true that some age faster than others, either
-
Should HK limit overtourism? Michael Chugani
Driving south from Seattle in the US west coast state of Washington to the neighboring state of Oregon offers a spectacular view of the Pacific Ocean. My family and I did that most summers when I
-
Hongkongers face uncertain future after Farage promise Mark O'Neill
The more than 160,000 Hong Kong people who have emigrated to the UK with a BNO passport face an uncertain future after a dramatic news conference by Nigel Farage, leader of the Reform UK party. On
-
Number of HK migrants to Britain falls Mark O'Neill
The number of Hong Kong BNO migrants to Britain has fallen this year, a result of uncertainty over when they will obtain full citizenship and the difficulties of finding good employment. Latest
