Verisk walks away from $2.35bn AccuLynx acquisition
Global data analytics and technology provider Verisk has terminated its definitive agreement to acquire AccuLynx, an all-in-one management software platform serving roofing contractors.
Verisk announced its purchase intentions for the $2.35 billion deal back in July 2025, with hopes of leveraging the cloud-based software platform to boost its position in the insurance claims software space.
AccuLynx has notified Verisk that it believes Verisk’s termination of the merger agreement is invalid. Verisk strongly disagrees with this assertion and intends to vigorously defend against any such assertions.
The withdrawal followed the Federal Trade Commission (FTC) notification that it had not completed its review of the transaction by the termination date set forth in the agreement: 26 December 2025.
Verisk will redeem the $1.50 billion aggregate principal amount of senior notes that were issued in connection with the planned acquisition for a price equal to 101% of their principal amount plus accrued and unpaid interest to the redemption date.
Lee Shavel, president and CEO of Verisk, said: “Verisk remains committed to our capital allocation discipline – balancing organic investment in our highest return on capital opportunities while returning capital to shareholders through dividend and repurchases. We continue to have confidence in our ability to deliver results in line with our long-term growth targets for this year, for 2026 and beyond.”
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