TKO Miller Advises TechCanary Corporation on its Sale to Applied Systems, Inc.
MILWAUKEE, WI (April 10, 2019) – TKO Miller is pleased to announce the successful acquisition of TechCanary Corporation, a leading InsurTech company and the #1 source for insurance solutions on the Salesforce Platform™, to Applied Systems, Inc., a leading global provider of cloud-based insurance software. TKO Miller acted as TechCanary’s exclusive financial advisor during the transaction.
TechCanary Corporation, founded in 2013, is a leading InsurTech company. Headquartered in Milwaukee, Wisconsin, TechCanary is a full-featured, cloud-based, analytics-driven insurance solution based on the Salesforce Platform™. This acquisition expands Applied’s sales and marketing solutions and demonstrates the Company’s commitment to automating both front and back office workflows for every role within an agency, insurer, and MGA. Applied will continue to operate TechCanary’s current Milwaukee, Wisconsin office.
Headquartered in University Park, Illinois, Applied Systems, Inc. is recognized as an innovation leader and the world’s largest provider of agency and brokerage management systems, serving customers both nationally and internationally.
TKO Miller, LLC is an independent, advisory-focused, middle market investment bank. With over 130 years of collective transaction experience, TKO Miller provides merger and acquisition and financial advisory services for privately-held and private-equity owned businesses, with a special focus on family-and-founder-held businesses.
TKO Miller aims to bring value to clients by combining outstanding people with a results-oriented, flexible approach to transactions. Our services include company sales, recapitalizations, asset divestitures, and management buyouts. TKO Miller has a generalist focus, but has served clients in a wide range of industries, including manufacturing, business services, consumer products, and industrial products and services. For more information, visit our website www.tkomiller.com.