Operating Company Software

Applied Systems

Chicago, Illinois, United States

For more than 40 years, Applied Systems has created innovative technology for the global insurance industry. It is a cloud software leader for digitizing and automating workflows for insurance agencies and brokers, with software used across the insurance lifecycle.

Focus Areas
Insurance agency & brokerage management systems, Insurance CRM / sales & marketing automation, Insurtech

Tracked deals

4

4 tracked deals across 2019-2025.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

4 buyout

Applied Systems Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Applied Systems. 1 2019 1 2022 1 2024 1 2025

Supporting Data

Recent Transactions

  • Buyer
    Applied Systems
    Target
    Cytora
    Industry
    Cloud & SaaS
    Location
    England, United Kingdom
    Type
    Buyout

    Applied Systems has acquired Cytora, an AI-enabled risk digitization platform for the insurance industry, to accelerate Applied's vision for the Digital Roundtrip of Insurance. The acquisition brings Cytora's document-to-data and generative AI capabilities into Applied's cloud suite to drive automation, reduce time-to-quote, and improve underwriting productivity for carriers, agencies, and MGAs.

  • Buyer
    Applied Systems
    Target
    Planck
    Type
    Buyout

    Applied Systems has acquired Planck, an AI-based data platform for commercial insurance, to accelerate and expand AI capabilities across Applied's global insurance software portfolio. The acquisition aims to integrate Planck's real-time data and AI-driven underwriting insights into Applied's products to improve underwriting, renewals, servicing and advisory workflows for carriers and agencies.

  • Buyer
    Applied Systems
    Target
    Tarmika
    Industry
    Insurance
    Type
    Buyout

    Applied Systems has acquired Tarmika, a commercial-lines rating and quoting technology that streamlines small business insurance quoting. The acquisition will embed Tarmika's real-time commercial quoting capabilities into Applied's management systems (Applied Epic and EZLynx) and integrate its product panel into the Ivans Distribution Platform to expand digital distribution for carriers and agencies.

  • Buyer
    Applied Systems
    Target
    TechCanary
    Industry
    Cloud & SaaS
    Type
    Buyout

    Applied Systems acquired TechCanary, a Milwaukee-based provider of an insurance-focused CRM built on the Salesforce platform, to expand its sales and marketing automation capabilities. TechCanary's CRM will be integrated with Applied Epic to provide agencies, insurers and MGAs enhanced front-office sales and marketing automation and access to the Salesforce AppExchange ecosystem.

Related Acquisition Pages

Selling a company? Get in front of buyers like Applied Systems

Turn tracked acquisition activity into an outreach-ready buyer list.