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Xdimensional Technologies Acquires I-Engineering

Jun 15, 2023•about 2 years ago

Acquiring Company

XDimensional Technologies

Acquired Company

I-Engineering

Information Technology

Description

XDimensional Technologies, Inc. (XDTI), a leading insurance technology provider backed by Serent Capital, announced today its acquisition of Shelton, CT-based insurance software firm I-Engineering. The combined talent, experience, and products of the organizations will enable both organizations to deliver more value to existing and new customers while increasing the strength of their implementation, support, product, and technology teams. XDTI will bring the companies together to serve the market.

Company Information

Company

XDimensional Technologies

About

XDimensional Technologies, Inc. (XDTI) develops and markets the Nexsure Insurance Platform, a single, comprehensive platform that supports all players in insurance distribution, including retail agencies, wholesalers, agency networks, program administrators, MGAs, and carriers, without creating the need to evaluate new technologies as a business grows and evolves. Learn more at xdti.com. Follow XDTI on LinkedIn, Twitter, and Facebook.

Company News

(4 articles)
Thu, 15 Jun 2023 07:00:00 GMT

XDimensional Technologies Acquires I-Engineering - PR Newswire

Thu, 15 Jun 2023 07:00:00 GMT

XDimensional Technologies Acquires I-Engineering - Insurance Innovation Reporter

Tue, 01 Aug 2023 07:00:00 GMT

Comvest Credit Partners Provides Financing to Support Acquisition of I-Engineering by XDimensional Technologies - Business Wire

Tue, 31 Oct 2023 07:00:00 GMT

Novatae Risk Group Selects I-Engineering's Enterprise Systems, ALIS and PUMAA - PR Newswire

FundzWatch™ Score

81
High M&A Activity

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed