08:59 AM EDT, 07/30/2025 (MT Newswires) -- Verisk Analytics ( VRSK ) said Wednesday it has agreed to buy software-as-a-service platform AccuLynx for $2.35 billion in cash.

The company said the deal will be funded with a combination of debt and cash on hand, and is expected to close by the end of Q3, pending regulatory approvals.

Verisk said it expects the acquisition to contribute to its revenue growth and profit margins, and add to adjusted earnings by the end of 2026.

Shares of Verisk were 3% higher in recent Wednesday premarket activity.