Verisk Analytics to acquire AccuLynx for $2.35B in cash

Verisk entered into a definitive agreement to acquire AccuLynx for $2.35 billion in cash to augment its network capabilities across the insurance claims and restoration ecosystem. AccuLynx is the leading SaaS platform providing end-to-end business management workflow for residential property contractors with expertise in roofing. The acquisition is expected to be additive to Verisk’s revenue growth and adjusted EBITDA margin, and accretive to adjusted EPS by year end 2026. Expanding Connectivity in the Industry: Verisk and AccuLynx both play key roles within the insurance claims and restoration industry, and this acquisition will streamline workflow and enhance interactions between participants, extending the benefits to all in the network. Mission-Critical SaaS Platform: AccuLynx provides a full end-to-end solution, which is highly complementary to Verisk’s Property Estimating Solutions. Differentiated and Rich Datasets: AccuLynx’s roofing materials and labor datasets will augment analytics and benchmarking for insurers and contractors. Enhanced Value Creation Through Synergies: The acquisition will create opportunities for cross-sell, upsell and expanded data augmentation across complementary client bases that have a high degree of overlap. The transaction consideration is $2.35 billion in cash, which will be paid through fully committed debt financing in place and cash on hand. The transaction is expected to close by the end of the third quarter of 2025, subject to the satisfaction of customary closing conditions and regulatory approval.