KatRisk Enhances Risk Modeling with Acquisition of Gamma
Deal News | May 12, 2025 | TA Associates
KatRisk, a company specializing in catastrophic risk modeling, has acquired Gamma, a firm known for its expertise in location intelligence and property-level risk solutions. This acquisition aims to enhance KatRisk's capabilities in providing precise risk assessments by integrating Gamma's address-level risk assessment platform, Perilfinder. Gamma's tools offer mapping-based insights into various perils like floods and wildfires, improving risk selection and management for insurers. The collaboration between KatRisk and Gamma is anticipated to bolster their geographical reach in North America and Europe while delivering innovative insurance solutions backed by TA Associates and General Atlantic BeyondNetZero.
Sectors
- Catastrophe Risk Modeling
- Location Intelligence
- Insurance Technology
- Financial Services
Geography
- Ireland – Gamma is headquartered in Dublin, Ireland, playing a pivotal role in the location intelligence industry.
- North America – KatRisk and Gamma have a strong presence and track record in North America, which is one of their key markets.
- Europe – Gamma is trusted in the UK and across Europe, and the acquisition is expected to bolster KatRisk's footprint in these regions.
Industry
- Catastrophe Risk Modeling – KatRisk is a leading company in climate catastrophe risk modeling, providing solutions for assessing the risks of weather extremes.
- Location Intelligence – Gamma specializes in location intelligence solutions, offering address-level risk assessments and property risk solutions.
- Insurance Technology – Both KatRisk and Gamma provide innovative software solutions that advance risk analytics and management for the insurance industry.
- Financial Services – KatRisk's tools are designed for use by financial services companies to assess catastrophe risk and make data-driven decisions.
Financials
- Not disclosed – The financial terms of the acquisition between KatRisk and Gamma were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| KatRisk | Acquiring Company | Company | KatRisk is a global leader in climate catastrophe risk modeling, supporting insurance and financial services industries. |
| Gamma | Target Company | Company | Gamma is a provider of location intelligence and property risk solutions, known for its flagship platform, Perilfinder. |
| TA Associates | Private Equity Firm | Company | TA Associates is a growth private equity firm backing KatRisk to expand its risk modeling capabilities globally. |
| Technosylva | Parent Company | Company | Technosylva is the parent company of KatRisk, providing support and infrastructure for its operations. |
| General Atlantic BeyondNetZero | Investor | Company | General Atlantic BeyondNetZero is an investor in KatRisk, supporting its mission to deliver climate resilience solutions. |