Market Overview

Riskonnect to Acquire Marsh ClearSight


Acquisition deepens integrated risk management suite, advancing
innovation and enhancing global customer experience

Riskonnect, the leader in integrated risk management solutions, today
announced that it has signed an agreement to acquire Marsh ClearSight
LLC, a global leader in risk, safety, and claims software and services
and a business unit of Marsh, a global leader in insurance broking and
innovative risk management solutions. Terms of the transaction, which is
expected to close in the third quarter, were not disclosed.

Upon completion of the transaction, Riskonnect will expand its
offerings, providing customers a comprehensive, end-to-end technology
suite to manage and control risk. The combination will create a single
provider that will deliver more choices, deeper value and an expanded
global footprint of more than 500 professionals serving over 900

"Today's organizations face intensified and increasing risks from
internal and external sources and need a visionary partner to help them
tackle this challenge strategically and cost-effectively," said Jim
Wetekamp, CEO of Riskonnect. "As Riskonnect looks to deepen customer
engagement and expand our value to our customers, acquiring Marsh
ClearSight's deep industry expertise, technology and global scale was a
clear choice. Together, we'll deliver a comprehensive, integrated risk
management solution suite unmatched by any other vendor."

On completion, Riskonnect will continue to serve customers of Marsh,
ensuring they get both the best risk management advice and insurance
solutions as well as access to state-of-the-art enterprise risk
management software.

"By combining ClearSight with Riskonnect, clients will have access to a
single provider for all of their integrated risk management software
needs and can expect more frequent upgrades to keep pace with the
evolving risk landscape," said John Drzik, President, Global Risk &
Digital, Marsh. "We believe this expanded and more integrated set of
software solutions, together with Marsh's market-leading capabilities in
risk advisory and insurance placement, are a win-win for our clients."

"This transaction creates a highly attractive global organization
covering the full scope of integrated risk management that is able to
serve the broadest range of industries in the market. We're incredibly
excited about Riskonnect's opportunity to continue serving the evolving
risk management needs of both current and future customers," said Hudson
Smith, a Partner at Thoma Bravo.

Riskonnect will continue to be led by CEO Jim Wetekamp and an executive
team with significant industry experience and will continue to operate
from its headquarters in Atlanta, Georgia.

About Riskonnect

Riskonnect is the leading global integrated risk management solution
provider that enables organizations to anticipate and manage strategic
and operational risks across the extended enterprise. Its unique,
holistic approach to integrated risk serves more than 300 companies
across 3 continents. Riskonnect has operations in the Americas, Europe
and Asia employing more than 250 risk management experts. To learn more,

Thoma Bravo

Thoma Bravo is a leading private equity firm focused on the software and
technology-enabled services sectors. With a series of funds representing
more than $20 billion in capital commitments, Thoma Bravo partners with
a company's management team to implement operating best practices,
invest in growth initiatives and make accretive acquisitions intended to
accelerate revenue and earnings, with the goal of increasing the value
of the business. Representative past and present portfolio companies
include Datatel, Digital Insight, Entrust, SonicWall, SailPoint, Hyland
Software, Deltek, Blue Coat Systems, Bomgar, Barracuda Networks,
Compuware and SolarWinds. The firm has offices in San Francisco and
Chicago. For more information, visit

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