Goodwin Procter attorneys recently represented CDS Business Mapping, a provider of underwriting information to over 700 insurance carriers, agents and brokers nationwide, in its acquisition by CoreLogic, a leading residential property information, analytics and services provider.
CDS will be integrated into CoreLogic’s Spatial Solutions business and will enhance CoreLogic’s position as a leading supplier of geo-spatial property data and analytics to the property & casualty insurance, real estate, telecommunications, public utility, oil and gas industries, as well as to government agencies.
Founded in 1994 and based in Middletown, Conn., CDS delivers critical underwriting information to the insurance industry through real–time reports that identify potential property geographic hazards, including distance to coast, flood zones, rating territories and earthquake information. The company is dedicated to the creation and implementation of mapping solutions using Geographic Information Systems (GIS) technology.
CoreLogic is a leading provider of consumer, financial and property information, analytics and services to businesses and the government in the United States and Australia. The company’s data includes over 3.3 billion records covering more than 40 years.
The Goodwin team was led by partner Michael Kendall and included partners Jennifer Fay and Joel Lehrer.
To read more about the transaction, click here.