Patriot National Inc., an insurance outsourcing company specializing in workers compensation, has acquired Vikaran Solutions LLC, a software sales and services company serving the P&C industry.
Patriot National has agreed to purchase all outstanding stock of Vikaran's software development center in Pune, India. The total purchase price for both entities is $10 million, Patriot said. Vikaran and MPCS will become part of Patriot Technology Solutions, Patriot's technology subsidiary.
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