Sep 5 2014

STG acquires the risk management information systems business unit of Aon Risk Solutions

STG has acquired Aon eSolutions, a global leader in risk, claims and safety software, services and solutions, from Aon Risk Solutions, the global risk management business of Aon plc (NYSE: AON). The acquired company will be renamed Ventiv Technology and will be an independent portfolio company of Symphony Technology Group.

Ventiv Technology enables mission-critical business processes through a personalized and configurable software platform which drives measurable value for organizations seeking to better manage their risk management and claims administration functions. Its unsurpassed industry experience enables the company to deliver turnkey product configurations across a diverse set of industries – a particularly strong market position has been established with retailers, manufacturers, consumer products, telecoms and financial institutions.

We believe that the market for Ventiv’s products is large and growing due to the increasing importance of managing and analyzing global risk exposure across large and medium-sized enterprises. The combination of Ventiv’s excellent team and our expertise and experience in the software sector results in an ideal partnership to pursue this market opportunity.

News of the acquisition was featured this week in the Fortune Termsheet, as well as in peHUB.

Please contact William Chisholm or Sunit Mukherjee for further information.