RGI Acquires NOVUM
July 30, 2019
RGI, a Corsair Capital-backed provider of insurance core systems, has acquired 100% of NOVUM, a DACH-focused developer of policy administration and archiving solutions. The acquisition strengthens RGI's presence in the DACH region and expands its cloud-based policy administration and archiving capabilities while NOVUM's management will remain to continue product investments and execution plans.
- Buyers
- RGI, Corsair Capital
- Targets
- NOVUM
- Industry
- Software
- Location
- Bavaria, Germany
- Transaction Type
- Buyout
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