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QOMPLX to Acquire Tyche to Revolutionize Insurance Data Factory of the Future

Press release content from Business Wire. The AP news staff was not involved in its creation.
QOMPLX to Acquire Tyche to Revolutionize Insurance Data Factory of the Future
March 10, 2021 GMT
TYSONS, Va. (BUSINESS WIRE) Mar 10, 2021
QOMPLX™, a leader in cloud-native risk analytics, has entered into a definitive agreement to acquire RPC Tyche LLP (“Tyche”), a rapidly growing insurance software modeling and consulting firm based in London, Cambridge, Paris and Chicago.
Tyche bolsters QOMPLX’s insurance analytics offerings, and the combined business will offer more comprehensive insurance underwriting, pricing, risk modeling, capital modeling, and reserving functionality. It is an exceptional software business that combines innovative technology with actuarial expertise to help reduce the time and costs that insurers, reinsurers and intermediaries face in producing actionable data feeding today’s commercial and regulatory decision-making. Tyche and QOMPL ....

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QOMPLX, a Leader in Cloud-Native Risk Analytics, Elects to Become a Public Company Through a Merger with Tailwind Acquisition Corp

Press release content from Business Wire. The AP news staff was not involved in its creation.
QOMPLX, a Leader in Cloud-Native Risk Analytics, Elects to Become a Public Company Through a Merger with Tailwind Acquisition Corp
March 1, 2021 GMT
TYSONS, Va. (BUSINESS WIRE) Mar 1, 2021
QOMPLX, a cloud-native leader in risk analytics, and Tailwind Acquisition Corp. (NYSE: TWND), a special purpose acquisition company, today announced that they have entered into a definitive business combination agreement. Upon closing of the transaction, the combined company (the “Company”) will operate as QOMPLX and plans to list under the symbol QPLX. The transaction reflects an estimated post-transaction equity value for QOMPLX of approximately $1.4 billion. ....

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