Vertafore Inc., a provider of software and services to the insurance industry, today announced that it has signed an agreement to acquire Sircon Corporation.
Financial terms of the deal were not disclosed, nor would the companies reveal whether the transaction involves stocks or cash.
Sircon, based in Okemos, Mich., serves the insurance market by connecting carriers, agencies and brokers, agents, education providers, and state regulators through a suite of online services that allows companies to manage compliance and producer information and helps agents get licensed and appointed, said Bothell, Wash.-based Vertafore.
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