Majesco Acquires Decision Research Corporation (DRC) Business

Majesco Acquires Global IQX

October 3, 2022

Cloud & SaaS

Majesco has acquired Global IQX, a SaaS insurtech that provides underwriting workbench, enrollment and AI solutions, adding sixteen customers and product capabilities. The deal integrates Global IQX’s underwriting, enrollment and intelligence tools into Majesco’s L&AH policy and absence management portfolio to accelerate capability expansion, speed to market and digital transformation for insurers.

AF Group Acquires DecisionUR Technology Platform

February 11, 2021

Cloud & SaaS

AF Group acquired DecisionUR, a cloud-based platform that automates initial treatment reviews using evidence-based medical guidelines to streamline workers' compensation claim reviews. The acquisition adds DecisionUR's technology to AF Group's portfolio to accelerate claim review, improve care planning for injured workers, and better integrate with AF Group's core systems and brands such as CompWest.

Majesco Acquires ClaimVantage

January 7, 2021

Cloud & SaaS

Majesco has acquired ClaimVantage, a provider of enterprise claims and absence/accommodation management software for the Life & Annuity and Group insurance market. The deal (announced after Thoma Bravo’s acquisition of Majesco) expands Majesco’s cloud SaaS product suite and deepens its capabilities in L&A, group benefits, absence and integrated disability management.

Thoma Bravo Acquires Majesco

July 20, 2020

Software

Thoma Bravo, a leading private equity firm focused on software and technology-enabled services, completed the acquisition of Majesco, a cloud insurance software provider, in a cash transaction under which Majesco's common stock ceased trading and the company became privately held. The deal was announced with an agreed cash price of $16.00 per share; Majesco employs roughly 2,400+ people and will partner with Thoma Bravo to accelerate its cloud and product investment strategy.

Majesco Acquires InsPro Technologies

January 30, 2020

Software

Majesco (NASDAQ: MJCO) entered into a merger agreement to acquire InsPro Technologies Corporation, a U.S.-based provider of policy administration software for the life and annuity insurance market. The cash-for-stock transaction (approximately $12 million of consideration) is intended to expand Majesco's capabilities and scale in the life & annuity, group and voluntary benefits segments; InsPro brings over 50 employees and an established policy administration platform serving large insurers and third-party administrators.

EBSCO Health Acquires HealthDecision

January 24, 2019

Healthcare Services

EBSCO Health, part of EBSCO Information Services, has acquired HealthDecision, a clinical decision support and shared decision-making software platform. The acquisition expands EBSCO Health's evidence-based clinical tools and integrates HealthDecision's point-of-care decision support into its suite of clinical offerings.