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Delaware judge ruled Verisk’s termination of the $2.35 bn AccuLynx acquisition invalid

Delaware judge ruled Verisk’s termination of the $2.35 bn AccuLynx acquisition invalid
  • A Delaware Chancery Court judge ruled Verisk’s termination of the $2.35 bn AccuLynx acquisition invalid, finding that Verisk’s own willful conduct caused a closing condition to fail.
  • The court ordered Verisk to try to complete the transaction, but the deal still depends on approval from the U.S. Federal Trade Commission.
  • AccuLynx is entitled to damages for direct costs plus interest, while the ruling keeps the original sale process alive more than seven months after Verisk said it had walked away.

A Delaware judge ordered data analytics firm Verisk to try to complete its planned $2.35 bn acquisition of AccuLynx, the roofing software company, more than seven months after Verisk said it had terminated the deal, according to Reuters.

Bonnie David, a judge in the Delaware Chancery Court, ruled that Verisk’s termination was invalid because the company’s own willful conduct caused a closing condition to fail.

The order gives AccuLynx another shot at the transaction, though the deal still needs approval from the U.S. Federal Trade Commission.

Verisk announced the AccuLynx acquisition in July 2025. At the time, the company expected the transaction to close by the third quarter of 2025.

That timeline slipped after the FTC asked Verisk and AccuLynx for more information in October. The request extended the regulatory review and delayed the closing.

In late December, Verisk said it was ending the transaction after the FTC told the company it had not finished reviewing the deal by the December 26 termination date. AccuLynx rejected that position and notified Verisk that it viewed the termination as invalid.

Verisk disagreed and said it would defend its decision. The Delaware court has now sided with AccuLynx on the termination issue.

The judge also said AccuLynx was entitled to damages for direct costs, plus interest. The ruling does not remove the regulatory condition.

The transaction remains subject to FTC approval, meaning the court order pushes Verisk back toward the deal process rather than closing the acquisition outright.

For Verisk, the case turns a failed transaction into an active legal and regulatory obligation. For AccuLynx, it preserves the possibility of the original $2.35 bn sale, assuming the FTC review clears the path.