NuGrowth Solutions to acquire Strategic Insurance Software

Posted on: Thu, 20 Aug 2009 14:41:00 EDT


Symbols: STFC
Aug 20, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
STFC | Quote | Chart | News | PowerRating -- NuGrowth Solutions, Inc., a provider of sales, eCommunications, and business development services, has signed an agreement to acquire Strategic Insurance Software, Inc. (SIS) from State Auto Financial Corporation, a property and casualty insurance holding company. All the companies are based in the US.

SIS is a provider of industry software and automation solutions for insurance companies.

Deal Type    Acquisition
Sub-Category Majority Acquisition
Deal Status Announced: 2009-08-19

Deal Participants

Target (Company)   Strategic Insurance Software, Inc.
Acquirer (Company) NuGrowth Solutions, Inc.
Vendor (Company) State Auto Financial Corporation

For full details on State Auto Financial Cp (STFC) STFC. State Auto Financial Cp (STFC) has Short Term PowerRatings at TradingMarkets. Details on State Auto Financial Cp (STFC) Short Term PowerRatings is available at This Link.

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