Insurance AMS company Applied Systems partially acquired by Google

Googles investment branch called “Giant” has acquired a small portion of Applied Systems, an agency management software developer for independent agencies.

The acquisition of a small portion of Applied Systems is being transacted through CapitalG, the growth of equity investment fund of Google’s Alphabet, which in the past has invested in businesses like Lyft, Airbnb, SurveyMonkey and Zscaler.

 

Written by CO Insurance Shop

Colorado Insurance Shop 303-246-0889 or nick@coloradoinsuranceshop.com. Home, Auto & Business insurance in the state of CO, Rocky Mountains and Front Range.

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