Technology Holdings advises Mphasis on its acquisition of Wyde Corporation

Aug 2011
Has been acquired by

Insurance Software

View Transaction Details
Technology Holdings advises Mphasis on its acquisition of Wyde Corporation
Seller Wyde Corporation
Buyer Mphasis
Focus Sector Insurance Software
Date August 2011

Technology Holdings is pleased to announce that our client, MphasiS Ltd. (a Hewlett Packard company), has completed its acquisition of Wyde Corporation, a global software vendor and creator of the Wynsure platform - an industry leading insurance policy administration solution.

The Wyde acquisition will extend MphasiS’ insurance footprint in the Life & Annuities segment and strengthen its capabilities in the Property & Casualty segment. MphasiS’ offering will encompass a broad range of Software/IP and platform-based IT & BPO services in areas such as policy administration, claims and billing. MphasiS is a $1 billion+ service provider that delivers technology-based solutions to clients across the globe.
Technology Holdings advised MphasiS on the transaction.

The Wynsure solution has been highly rated by various insurance industry analysts. Charles Juniper from NelsonHall commented, “This acquisition is a good strategic move for MphasiS – the combination of MphasiS’ offshore Center of Excellence and the Wynsure insurance policy platform creates a strong, integrated solution for insurance carriers. Mid-sized carriers in particular face severe pressure to reduce administration costs and NelsonHall anticipates significant platform-based BPO growth in the space over the next 3 years in both the U.S. and Europe. Wyde’s impressive customer base of 25 insurance carriers such as AXA, ING, BNP Paribas and AON are likely to provide a good growth opportunity as MphasiS continues to develop its insurance offering.”

Vivek Subramanyam, Managing Director at Technology Holdings remarked, “As IT services and BPO vendors look for additional growth opportunities, we see a lot of interest in combining technology and IP with deep insurance domain expertise as a competitive differentiator and as a way to drive non-linear growth. While some services companies prefer to partner with software platforms, acquisitions of insurance platform vendors such as Wyde are definitely on the rise as an offensive and defensive strategy for both IT and BPO companies.”

Group 9
Transactions
Group 9
Dec 2023
Has been acquired by

Salesforce Consulting & IP

View Transaction Details
Technology Holdings advises ForeFront, a Salesforce Summit Partner, on its strategic sale to NEORIS
Nov 2023
Has been acquired by

ServiceNow Consulting & Managed Services

View Transaction Details
Technology Holdings advises ServiceNow Elite Partner Unifii on its strategic sale to Bain Capital backed Inetum
Nov 2023
Has been acquired by

Management Consulting & Digital Transformation

View Transaction Details
Technology Holdings advises Management Consulting led Digital Transformation Specialist, WINNING Consulting on its strategic sale to Alan Allman Associates
Nov 2023
Has been acquired by

Digital Transformation Agency

View Transaction Details
Technology Holdings advises Digital Transformation Agency, Cyber-Duck on its strategic sale to CACI
Oct 2023
Has been acquired by

B2B Marketing Services & Marketing Automation

View Transaction Details
Technology Holdings advises B2B Marketing & Marketing Automation Specialist, Quarry on its sale to private equity fund, RTC Partners
Aug 2023
Has been acquired by

Fintech Software Engineering

View Transaction Details
Technology Holdings advises Woodridge Software, a Fintech Software Development Company, on its sale to RCG Global Services
Jun 2023
Has been acquired by

Software Engineering, Telco & Embedded Systems

View Transaction Details
Technology Holdings advises DEK Technologies, a Software Engineering and Embedded Systems Specialist, on its strategic sale to Endava
May 2023
Has been acquired by

Life Sciences Commercialization & Marketing

View Transaction Details
Technology Holdings advises The Kinetix Group, a Life Sciences Commercialization and Marketing company, on its sale to Petauri Health
Apr 2023
Technology Holdings is pleased to announce that it has acted as the exclusive financial advisor to AIOPSGROUP, a digital commerce specialist on its strategic sale to valantic, a Munich-headquartered digital solutions, consulting and software company with more than 500 large clients, including 32 of the 40 listed German blue chips.
Has been acquired by
TECHNOLOGY HOLDINGS ADVISES AIOPSGROUP, A DIGITAL COMMERCE, SALESFORCE AND AIOPS SPECIALIST, ON ITS STRATEGIC SALE TO VALANTIC

Digital Commerce, Salesforce & AIOPs

View Transaction Details
Technology Holdings advises AIOPSGROUP, a Digital Commerce, Salesforce and AIOPs specialist, on its strategic sale to valantic
Mar 2023
Technology Holdings is pleased to announce that it has acted as the exclusive financial advisor to SUAZIO, a leading data-driven Life Sciences and MedTech consultancy on its strategic sale to NAMSA, the world's leading MedTech CRO, an Archimed portfolio company headquartered in the United States.
Has been acquired by

Life Sciences & MedTech Consulting

View Transaction Details
Technology Holdings advises SUAZIO, A Data-Driven Life Sciences and MedTech Strategic Consultancy, on its strategic sale to NAMSA
Feb 2023
Has been acquired by

Hyperautomation, AI & Data Science

View Transaction Details
Technology Holdings advises Humans4Help, a Hyperautomation, AI & Data Science Specialist, on its strategic sale to Alan Allman Associates
Nov 2022
Has been acquired by

Capital Markets Technology Services

View Transaction Details
Technology Holdings advises TeamTek Consulting, a Capital Markets Technology specialist, on its strategic sale to Accolite Digital
Oct 2022
Has been acquired by

Insurance Technology Services

View Transaction Details
Technology Holdings advises Insurance Technology Specialist, Blackcomb, on its strategic sale to Accenture
Aug 2022
Has been acquired by

ServiceNow Consulting & IP

View Transaction Details
Technology Holdings advises one of the largest Servicenow partners globally, Enable, on its strategic sale to Fujitsu
Jun 2022
Has been acquired by

ServiceNow Consulting

View Transaction Details
Technology Holdings advises ServiceNow Partner Do it Wise on its strategic sale to Inetum
Jun 2022
Has been acquired by

Digital Banking & Wealth Management

View Transaction Details
Technology Holdings advises Digital Banking and Wealth Management IT expert, Confinale on its strategic sale to HCL Technologies