Prima XL

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Prima XL - overview

Location

-, -, France

Primary Industry

Software

About

Based in France, Prima XL, formerly known as WebXL, is a product of Prima Solutions SA that offers cloud solutions to the reinsurance sector. In June 2022, Duck Creek Technologies, Inc. , a portfolio company of Apax Partners, Dragoneer Investment Group, Insight Partners, Neuberger Berman, and Temasek Holdings, acquired Prima XL from Prima Solutions SA. Prima XL is a product of Prima Solutions SA and offers a reinsurance management cloud platform, which is a cloud platform that gathers, organizes, and examines data from brokers, reinsurers, and insurers.


The company offers its management solution to customers from various insurance organizations operating on Duck Creek systems and systems other than Duck Creek. Following the June 2022 acquisition, the company plans to expand its global footprint across EMEA and APAC.


Primary Industry

Software

Sub Industries

Business Support Services, Software

Website

www.prima-solutions.com/produits/prima-xl-plateforme-cloud-de-gestion-de-la-reassurance/

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Prima XL - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onAnnouncedPrima XL-

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