Verisk Analytics has acquired Sequel from HgCapital and multiple shareholders for a reported £250 million, the companies announced.

The deal, expected to close in the third quarter of 2017, further supports the New Jersey-based company's strategy of growing core offerings for financial services companies through M&A. Verisk has purchased six vendors dating back to November 2016 with specialties ranging from risk modeling and claims processing to geospatial mapping analytics.

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