DLA Piper advises Prima Solutions in connection with the sale of Prima XL to Duck Creek
DLA Piper advised Prima Solutions, the leading French AssurTech group, on the sale of Prima XL, a reinsurance company, to Duck Creek Technology, a Nasdaq-listed provider of intelligent solutions that define the future of property and casualty insurance.
Duck Creek Technology has also made an offer to acquire Prima Compliance, a compliance company.
The transaction remains subject to the information and consultation process with the relevant employee representatives, in accordance with applicable law.