About This Deal

FISERV INC acquired VerticalPoint, Inc., a transaction completed in 2005, structured as Acquisition completed in 2005; financial terms not disclosed..

VerticalPoint, Inc. operates in Financial, is based in United States. VerticalPoint provides software solutions that automate new-business and underwriting workflows for insurance carriers and their distribution channels. Fiserv acquired VerticalPoint in 2005 and added it to its Financial segment to strengthen its insurance technology offerings.

Added automated new-business and underwriting workflow software for insurance carriers, complementing Fiserv's insurance technology portfolio.

Deal Terms

Acquirer
FISERV INC
Target
VerticalPoint, Inc.
Value
Not disclosed
Date
2005
Type
Acquisition
Status
Ready

Transaction Details

Target HQ
United States
Segment
Financial
Structure
Acquisition completed in 2005; financial terms not disclosed.
Closed
2005

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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