FT Partners The Only Investment Bank
Focused Exclusively on FinTech
  • San Francisco
  • New York
  • Miami
  • London

FT Partners Advises EISI in its Sale to Vista Equity Portfolio Company, Zywave

Overview of Transaction
  • On October 24, 2011, Emerging Information Systems Inc. ("EISI", or the "Company") announced its sale to Zywave, Inc. ("Zywave"), a leading provider of employee benefits and property & casualty insurance software solutions for brokers and their clients and a portfolio company of Vista Equity Partners
  • EISI, a portfolio company of Birch Hill Equity Partners, provides needs-assessment and financial planning tools under its NaviPlan and Profiles software brands to more than 250,000 financial professionals throughout North America
  • The Company's customers include 11 of the top 25 banks in North America, 17 of the top 25 brokers in North America, 3 of the top 5 Canadian insurance companies and 7 of the 10 largest U.S. life insurance companies
  • Financial terms of the transaction were not disclosed
Significance of Transaction
  • Broadens the scale of both businesses, creating a leading provider of growth-minded technology solutions for the insurance and financial services industries
  • Combines Zywave's proven dominance in providing SaaS solutions for insurance brokers with EISI's market leadership in serving financial advisors
FT Partners' Role
  • FT Partners served as exclusive strategic and financial advisor to EISI and its Board of Directors in this transaction
  • Provided comprehensive advisory on internal preparedness, financial analysis, strategic positioning, valuation, marketing materials preparation, buyer / investor communication and transaction structure / timing
  • The transaction highlights FT Partners' continued strength in the securities, capital markets and insurance technology sectors