Though the two largest software merger and acquisitions (M&A) transactions of 2008 were insurance-related, such activity in financial services dropped in 2008, according to Berkery Noyes, an advisory and financial consulting services firm specializing in M&A.
The largest transaction announced in 2008 was CCC Information Services Inc., a portfolio business of Investcorp, proposed acquisition of Mitchell International Inc., a subsidiary of Aurora Capital Group, for $1.40 billion. The proposition stirred up some controversy with the Federal Trade Commission’s (FTC) intent to oppose the merger.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access