Demonstrates Union Square Advisors’ continued strength in providing unique insights and strategic advice to leading players in the enterprise software market
On March 29, 2016, Guidewire, a provider of software products to Property/Casualty insurers, announced that it has agreed to acquire EagleEye Analytics, a provider of SaaS-based predictive analytics products specifically designed for Property/Casualty insurers. The transaction is expected to close imminently. With this acquisition, Guidewire will enable its customers to apply predictive analytics to make better decisions across the insurance lifecycle. Guidewire will support the complete predictive analytics process including data preparation, model building, operational deployment, performance monitoring, and analytic feedback. EagleEye’s products will be renamed Guidewire Predictive Analytics™ and will be available as part of Guidewire’s Data and Analytics product family. Union Square Advisors acted as exclusive financial advisor to Guidewire in this transaction.
About Guidewire Software
Guidewire (NYSE: GWRE) delivers the software that P&C insurers need to adapt and succeed in a time of rapid industry change. The Company combines three elements – core processing, data and analytics, and digital engagement – into a technology platform that enhances insurers’ ability to engage and empower their customers and employees. More than 200 P&C insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com.
About EagleEye Analytics
EagleEye Analytics offers the most advanced predictive analytics software and consulting services available to the property and casualty insurance industry today. EagleEye’s customers have achieved quantifiable and meaningful results by applying modern predictive analytics across the most important insurance business processes – product marketing and distribution, pricing and underwriting and managing claims. EagleEye is headquartered in Columbia, South Carolina and has offices in London, UK.
About Union Square Advisors
Union Square Advisors LLC is a leading technology-focused investment bank that offers strategic mergers & acquisitions advice and execution as well as agented private capital financing services. Founded in 2007, with offices in San Francisco and New York, Union Square Advisors works with leading public and private technology companies, private equity and venture capital firms across the technology landscape with a primary focus on Software, Software-Enabled Services, IT Infrastructure and Internet/Digital Media/Marketing Technology. Since inception, Union Square Advisors has advised on over 60 transactions, valued in excess of $80 billion. For more information, please visit www.usadvisors.com.