Acquisition Continues Aggressive Global Expansion and Anchors Skywire Software’s Position as Dominant, Vertically Focused Software Provider
Skywire Software announced the successful completion of its acquisition of Whitehill Technologies, Inc., solidifying the company’s position as a dominant, vertically focused provider of software and services worldwide. Terms of the transaction were not disclosed. Skywire Software is a privately held subsidiary of Hall Financial Group, a $2 billion private, diversified firm.
The acquisition of Whitehill continues Skywire Software’s aggressive global expansion, furthers its presence in insurance, financial services and high-growth health care and utilities industries, and expands its vertical focus into legal and professional services. It also increases Skywire Software’s reach into the Canadian market where Whitehill has a significant customer presence. The company will now employ more than 650 employees and serve more than 2,300 customers in more than 45 countries worldwide. Customers include more than 1,000 insurance companies and more than 750 legal and professional services organizations, including two thirds of the world’s 250 largest law firms.
Patrick Brandt will continue to serve as Skywire Software’s president and chief executive officer. Paul McSpurren, who previously served as president and chief executive officer of Whitehill Technologies, will serve as Skywire Software’s chief strategy officer and as general manager, Skywire Software Canada.
About Skywire Software
Skywire Software is a leading software company serving the insurance, financial services, health care, utility, legal and professional services industries. The Company develops industry-specific software products that help companies integrate processes, people and information. With products and services that span a range of key functions, including rating, rules, underwriting, business intelligence, agency management, data movement, and enterprise-wide document automation and compliance, Skywire Software is dedicated to providing an unparalleled customer experience to more than 2,300 customers in 45 countries worldwide. For more information, contact Skywire Software at 1-800-735-6620 or visit www.skywiresoftware.com.