Applied Systems Acquires Canada’s Compu-Quote

Insurance software firm Applied Systems Inc. has acquired Compu-Quote Inc., a Canadian comparative insurance rating company.

“The acquisition of Compu-Quote establishes Applied Systems as the leading provider of software to the Canadian insurance market,” said Reid French, CEO, Applied Systems, which is based in University Park, Illinois. “We believe the transaction provides excellent growth prospects and synergies for Applied Systems and our customers in the Canadian insurance market and is fundamental to our company’s growth strategy.”

Compu-Quote will become part of Applied Systems Canada.