Demonstrates Union Square Advisors’ continued strength in providing unique insights to leading players in the enterprise software market
Union Square Advisors LLC is pleased to announce that Guidewire Software has acquired Millbrook, Inc. Millbrook provides a portfolio of data management and business intelligence products to Property/Casualty insurers. The addition of Millbrook’s technology will enable Guidewire’s customers to accelerate replacement of their legacy core systems and to improve management of operational data in their policy, billing, and claims functions. Union Square Advisors acted as exclusive financial advisor to Guidewire in this transaction.
About Guidewire Software
Guidewire Software is a provider of core system software to the global Property/Casualty insurance industry. Designed to be flexible and scalable, Guidewire solutions give insurers the capability to deliver excellent service, increase market share and lower operating costs. Guidewire InsuranceSuite™, consisting of Guidewire PolicyCenter®, Guidewire ClaimCenter® and Guidewire BillingCenter® spans the key functional areas in insurance – underwriting and policy administration, claims management and billing. Guidewire is headquartered in Foster City, California, with offices in Munich, Beijing, Dublin, Hong Kong, London, Paris, Sydney, Tokyo, Toronto and Warsaw. For more information on Guidewire Software, please visit www.guidewire.com.
About Millbrook, Inc.
Known for being “The Insurance Data Experts,” Millbrook has successfully served the Property/Casualty industry for over sixteen years through its laser focus on insurance-specific data solutions. Millbrook helps its clients unleash the power of their data and deliver clear cut superior returns for their technology investments, leveraging highly regarded data strategies and methodologies as well as utilizing a proven best-of-breed operational data store, business information warehouse and operational analytics. Millbrook’s data platforms enable a solid foundation for SOA-compliant architecture. For more information on Millbrook, please visit www.millbrookinc.com.
About Union Square Advisors
Union Square Advisors LLC is a leading investment banking firm serving technology companies through its mergers & acquisitions, private capital financing and IPO advisory services. Founded in 2007 and with offices in San Francisco and New York, Union Square Advisors works with leading public and private firms across the technology landscape, including digital/new media, software, services, communications, storage, semiconductor and systems companies, as well as with the strategic capital providers that invest in these sectors. For more information on Union Square Advisors, please visit www.usadvisors.com.
