Monday, February 29, 2016

Vertafore Buys Keal Technology

Bothell-based insurance software developer Vertafore said this morning that it has acquired Keal Technology, a developer of software for the Canadian market. Financial terms of the buy were not disclosed. Vertafore said the move will help extend its customer base into Canada. Vertafore, which is led by Jeff Hawn, said the deal is expected to close by the end of March. Vertafore is backed by private equity investor TPG Capital.