Transaction · Insurtech · 2026

Matic acquires Policygenius' P&C insurance book

Matic acquired Policygenius' P&C insurance book on June 24, 2026.

Target
Policygenius' P&C insurance book
Acquirer
Matic
Announced
June 24, 2026
Sub-sector
Insurtech

Transaction overview

  • Matic announced the acquisition of Policygenius' P&C insurance book on June 24, 2026.

Strategic rationale

Matic acquires Policygenius' P&C insurance book; secures minority investment from Primus Capital

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
June 24, 2026
Acquirer
Matic (Strategic)
Sub-sector
Insurtech

Sources

  • globenewswire.com /news-release/2026/06/24/3317007/0/en/Matic-Secures-Minority-Investment-From-Primus-Capital-and-Acquires-Policygenius-Property-and-Casualty-Insurance-Book.html