Insurtech Verisk has signed a definitive agreement to acquire AccuLynx for $2.35bn in cash, aiming to boost its reach across the insurance claims and property restoration sectors.
AccuLynx, based in the U.S., offers a unified management platform tailored to roofing contractors. Its software covers lead tracking, CRM, remote measurements, materials procurement, labor coordination, payments, and job oversight.
Many of its clients operate in insurance-funded repair and restoration, aligning with Verisk’s core services.
The deal supports Verisk’s strategy to expand its Property Estimating Solutions business by improving data depth and platform connectivity.
The company expects this move to drive revenue growth, lift adjusted EBITDA margin, and increase adjusted EPS by the end of 2026.
Verisk CEO Lee Shavel called the acquisition a strong strategic match and noted its potential to create value for stakeholders across the insurance value chain, including carriers, adjusters, contractors, and homeowners.
Aaron Brunko, president of Verisk Property Estimating Solutions, emphasized the growing relevance of roof repair in residential claims and said the acquisition helps Verisk respond more effectively to demand in the restoration market.
AccuLynx CEO Mike Stein said the partnership will streamline processes for contractors who already depend on Verisk tools. Founder Richard Spanton added that the deal advances a long-held goal of tighter integration within the claims sector, particularly alongside solutions like Xactimate.
