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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