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Delaware judge orders Verisk to proceed with $2.35 billion AccuLynx deal

Delaware judge orders Verisk to proceed with $2.35 billion AccuLynx deal

By Kanishka Singh

- A Delaware judge ordered data analytics firm Verisk VRSK.O to try completing its planned $2.35 billion acquisition of roofing software maker AccuLynx, with the order coming more than seven months after Verisk said it pulled the plug on the deal.

Here are details:

  • Bonnie David, a Delaware Chancery Court judge, said Verisk's termination of the deal was invalid "because its willful conduct caused the failure of a condition to closing."

  • In late December, Verisk had said its decision to terminate the deal followed a notification from the U.S. Federal Trade Commission that the agency had not completed its review of the transaction by the termination date of December 26.

  • AccuLynx had notified Verisk that it believed the deal termination was invalid. Verisk had said it strongly disagreed with the assertion and planned to "vigorously" defend its position.

  • Verisk had unveiled its plan to acquire AccuLynx in July 2025, a deal that was initially expected to close by the third quarter of 2025.

  • The FTC had in October sought more details from Verisk and AccuLynx about the proposed transaction, signifying an extended regulatory review and delaying the closing of the deal.

  • The judge said on Friday that AccuLynx was entitled to damages for direct costs with interest.

  • The deal is subject to FTC approval.


(Reporting by Kanishka Singh in Washington; Editing by Tom Hogue)

((Kanishka.Singh@thomsonreuters.com; +12024508248;))

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