Vista Equity takes InsurTech Duck Creek private for $2.6bn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free trial
  • Log in

Vista Equity takes InsurTech Duck Creek private for $2.6bn

Duck Creek Technologies logo Boston MA.jpg

Technology-focused investment firm Vista Equity Partners has closed an all-cash deal to buy P&C software provider Duck Creek Technologies for $2.6bn.

Under the terms of the deal, Duck Creek shareholders will receive $19 per share, or a 46% premium to the InsurTech’s closing stock price on Friday, and around 64% over the average stock price for the last month.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article