Verisk $2.35 billion acquisition of AccuLynx
We are advising Verisk on the transaction
Davis Polk is advising Verisk on its definitive agreement to acquire AccuLynx for $2.35 billion. The acquisition will enhance Verisk’s network capabilities across the insurance claims and restoration ecosystem. 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.
Verisk is a leading strategic data analytics and technology partner to the global insurance industry. It empowers clients to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global risks, including climate change, extreme events, sustainability and political issues.
AccuLynx is a cloud-based software application designed for roofing companies that primarily focuses on residential insurance restoration and retail roofing. The platform helps contractors manage every aspect of a roofing business, from sales to project management, finance and business management to streamline processes and provide superior customer service. Most of AccuLynx’s U.S. roofing customers perform insurance-driven repairs and restoration.
The Davis Polk corporate team includes partners Marc O. Williams and Michael Senders and associate Ryan Olson. Partner Jennifer S. Conway and counsel Charlotte R. Fabiani are providing executive compensation advice. Partner Nathaniel L. Asker is providing antitrust and competition advice. Partner Matthew J. Bacal and associate Francesca Masella are providing intellectual property advice. Partner Vanessa L. Jackson is providing finance advice. Partner John B. Meade is providing capital markets advice. All members of the Davis Polk team are based in the New York office.