Transaction · Insurtech · 2020

Next Insurance / Juniper Labs 2020

Next Insurance acquired Juniper Labs on December 11, 2020.

Target
Juniper Labs
Acquirer
Next Insurance
Announced
December 11, 2020
Sub-sector
Insurtech

Transaction overview

  • Next Insurance announced the acquisition of Juniper Labs on December 11, 2020.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Acquire data analytics and machine learning capabilities to enhance underwriting accuracy and automate risk assessment for small business insurance.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
December 11, 2020
Acquirer
Next Insurance (Strategic)
Sub-sector
Insurtech

Frequently asked questions

When did Next Insurance announce the acquisition of Juniper Labs?

Next Insurance announced the acquisition of Juniper Labs on December 11, 2020.

What sub-sector is Juniper Labs in?

Juniper Labs is tracked in the Insurtech sub-sector.

Sources