Show me the money; Verisk (NASDAQ: VRSK) to acquire AccuLynx for $2.35 billion in cash deal

Verisk Analytics Inc. (NASDAQ: VRSK) announced it has entered into a definitive agreement to acquire AccuLynx for $2.35 billion in cash. The transaction will be funded through committed debt financing and cash on hand.

AccuLynx operates a cloud-based software platform that provides business management workflows for residential property contractors, with a focus on roofing operations. The platform handles various contractor functions including lead generation, sales, virtual measurements, materials ordering, labor sourcing, payment processing and job management.

According to the press release, most of AccuLynx’s customers perform insurance-driven repairs and restoration work. Verisk stated that more than one-third of property insurance claim value relates to roofing materials.

The acquisition is expected to be completed by the end of the third quarter of 2025, subject to customary closing conditions and regulatory approval. Verisk projects the deal will be additive to revenue growth and adjusted EBITDA margin, and accretive to adjusted EPS by year-end 2026.

“AccuLynx is a natural fit and extension of the solutions we provide insurance carriers, adjustors and contractors through our Property Estimating Solutions business,” said Lee Shavel, Verisk’s president and CEO.