Jersey City, NJ– According to their press release on July 30 2025, Verisk, a global data analytics and technology firm serving the insurance industry, announced today it has entered into a definitive agreement to acquire AccuLynx for $2.35 billion in cash. The acquisition is aimed at bolstering Verisk’s capabilities across the insurance claims and property restoration sectors.
AccuLynx, a leading SaaS provider for residential roofing and restoration contractors, offers an end-to-end business management platform used throughout the contractor workflow, from lead generation and estimates to job management and payment processing. Most of its users are involved in insurance-driven restoration work.
Verisk expects the acquisition to contribute positively to revenue growth and adjusted EBITDA margin, and to be accretive to adjusted earnings per share by the end of 2026.
“This acquisition enhances the network effect of our Property Estimating Solutions and enables us to deliver even more value to insurers, adjusters, and contractors,” said Lee Shavel, president and CEO of Verisk. “Together, Verisk and AccuLynx can help streamline communication and workflow across the insurance claims and restoration ecosystem.”
By integrating AccuLynx’s platform with Verisk’s existing property estimating solutions, including the widely used Xactimate software, the combined company aims to eliminate manual processes and improve information flow between insurers and contractors. According to Verisk, over one-third of property insurance claim value is tied to roofing materials, underscoring the significance of the roofing industry in claims resolution.
Aaron Brunko, president of Verisk Property Estimating Solutions, emphasized the importance of roofing in disaster resilience. “Roofs are one of the most costly components of a home and critical to protecting property. This move allows us to better support a growing and essential segment of the restoration industry.”
AccuLynx’s platform is already trusted by thousands of contractors nationwide and integrates tools such as CRM, virtual measurements, labor and materials management, and payments, all within one digital workflow.
“Many of our customers already use Verisk products,” said Mike Stein, CEO of AccuLynx. “This acquisition enables us to extend our value proposition, boost operational efficiency, and better support contractors and the insurance ecosystem at large.”
AccuLynx founder Richard Spanton added, “We built a business platform designed by roofers, for roofers. Seeing AccuLynx join forces with Verisk, and especially integrate with Xactimate, is the realization of a vision I’ve had for decades.”
The $2.35 billion all-cash deal will be funded through a mix of committed debt financing and cash on hand. The transaction is expected to close by the end of Q3 2025, pending regulatory approvals and other customary closing conditions.
