Verisk to acquire AccuLynx for $2.35 billion to enhance claims network

JERSEY CITY - Data analytics provider Verisk (NASDAQ:VRSK), a $41 billion market cap company with impressive gross profit margins of 69%, announced Wednesday it has entered into a definitive agreement to acquire AccuLynx, a software platform for residential property contractors, for $2.35 billion in cash. According to InvestingPro analysis, Verisk is currently trading above its Fair Value.

AccuLynx provides cloud-based business management software primarily used by roofing contractors, with its platform handling functions from lead generation to payment processing. According to the company, AccuLynx’s services are used by contractors who frequently perform insurance-driven repairs and restoration work.

The acquisition aims to strengthen Verisk’s position in the insurance claims and restoration ecosystem by connecting its Property Estimating Solutions with AccuLynx’s contractor management platform. Verisk data indicates more than a third of property insurance claim value relates to roofing materials.

"AccuLynx is a natural fit and extension of the solutions we provide insurance carriers, adjustors and contractors through our Property Estimating Solutions business," said Lee Shavel, president and CEO of Verisk.

The transaction is expected to close by the end of the third quarter of 2025, subject to regulatory approval and customary closing conditions. Verisk plans to finance the acquisition through a combination of debt financing and cash on hand. InvestingPro data shows the company currently operates with a moderate level of debt, maintaining a healthy current ratio of 1.27.

The company expects the acquisition to contribute positively to revenue growth and adjusted EBITDA margin, becoming accretive to adjusted earnings per share by the end of 2026.

Goldman Sachs and PJT Partners are serving as financial advisors to Verisk, while William Blair is advising AccuLynx.

The announcement was made in a press release statement issued by Verisk.

In other recent news, Verisk reported strong financial results for the first quarter of 2025, with earnings per share reaching $1.73, surpassing analysts’ expectations of $1.69. The company’s revenue also exceeded forecasts, coming in at $753 million compared to the anticipated $749.96 million. Additionally, Verisk has announced plans to acquire AccuLynx, a cloud-based business management platform, for $2.35 billion in cash. This acquisition is expected to close by the end of the third quarter of 2025, pending regulatory approval. In another development, Verisk has signed a definitive agreement to acquire SuranceBay for $162.5 million in cash, aiming to enhance its life and annuity platform. The California Department of Insurance has approved Verisk’s Wildfire Model for insurance ratemaking, allowing carriers to incorporate forward-looking wildfire risk assessments in their rate calculations. These recent developments highlight Verisk’s strategic moves to expand its capabilities and market presence.

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