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Boston, April 05, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, is excited to announce that Andy Yohn, VP of Product Strategy and co-founder of Duck Creek, will be presenting with Verisk at the 2023 Verisk Insurance Conference in Scottsdale, AZ from April 11–14, 2023.
Investment firm Vista Equity Partners recently announced that it would acquire Duck Creek, causing shares to balloon by almost 50%.
A private equity firm is very eager to get its hands on the company.
Here is how Duck Creek (DCT) and eGain (EGAN) have performed compared to their sector so far this year.
Duck Creek Technologies (DCT) announced it entered into a definitive agreement to be acquired by Vista Equity Partners. These are the details.
Nearly two and a half years after its initial public offering, Duck Creek Technologies Inc. ( DCT , Financial) announced on Monday it is being taken private by Vista Equity Partners for $2.6 billion.
Investment firm Vista Equity Partners is buying InsurTech Duck Creek Technologies for $2.6 billion. The companies announced the all-cash deal, which takes Duck Creek private, in a news release Monday (Jan. 9).
Duck Creek (NASDAQ: DCT ) stock is taking off on Monday after announcing that global investment firm Vista Equity Partners plans to acquire the company for $2.6 billion. According to a press release, Vista Equity Partners is willing to spend $19 in cash per share to take Duck Creek private.
The market is moving higher, and these small companies are helping.
Duck Creek Technologies Inc (NASDAQ: DCT) opened nearly 50% up this morning after Vista Equity Partners said it will buy the insurance software company for $2.6 billion. Details of the Duck Creek-Vista Equity deal The agreement translates to $19 a share – about a 46% premium on DCT's previous close.