Cover Genius Acquires Clyde Technologies' Warranty Assets

March 14, 2023

Cover Genius has completed an asset acquisition of US-based embedded warranty provider Clyde Technologies to deepen its footprint in the global warranty market and accelerate expansion into the medium-sized e-commerce segment. The deal brings Clyde's merchant partnerships (including Skullcandy, Movado and Dyson) and technology into Cover Genius' XCover platform; Cover Genius expects no impact to Clyde partners' servicing or sales.

Buyers
Cover Genius
Targets
Clyde Technologies
Sellers
Clyde Technologies
Industry
Insurance
Location
New York, United States
Transaction Type
Divestiture

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