Moore Kingston Smith advises Cytora on sale to Applied Systems Inc

We are delighted to share that Moore Kingston Smith provided deal advisory services to Cytora on their recent sale to Applied Systems Inc.

This significant transaction is a major milestone for both companies and will drive innovation and growth in the insurance industry through the use of AI technologies to increase the efficiency of the entire insurance policy lifecycle. Moore Kingston Smith provided audit and compliance services to Cytora during a period of significant growth prior to the transaction.

The Moore Kingston Smith Corporate Finance team of Matt McRae and Dan Morawiecki provided advice on the commercial points around the transaction completion mechanism.

The Moore Kingston Smith Corporate Tax team of Thomas Acland, Mark Fielden and Sam Talbot advised on the complex tax structuring work to ensure Cytora achieved an optimal tax position.

This collaboration highlights Moore Kingston Smith’s ability to provide clients with a fully integrated deal advisory offering in-house.

We congratulate Cytora and Applied Systems Inc. on this exciting new chapter and look forward to their continued success.

For more information or to discuss how Moore Kingston Smith can assist you in achieving your strategic objectives, please get in touch.