Verisk Scraps $2.35 Billion AccuLynx Acquisition After FTC Review Delay

Verisk has terminated its planned $2.35 billion acquisition of roofing software provider AccuLynx, citing delays in regulatory approval by U.S. antitrust authorities. The decision was disclosed in a statement released on Monday.

Verisk said the move followed notification from the Federal Trade Commission that it had not completed its review of the transaction by the agreed termination deadline of December 26. As a result, the merger was not finalized by the extended cutoff date, prompting Verisk to formally call off the deal last week.

The data analytics firm first announced the acquisition in July, positioning the purchase as a strategic expansion into software solutions for the insurance and construction ecosystem. At the time, the transaction was expected to close by the third quarter of 2025, subject to regulatory approvals.

The termination has already sparked a dispute between the two companies. Verisk said AccuLynx has informed it that it believes the termination of the merger agreement is invalid. Verisk rejected that claim, stating it “strongly disagrees” and intends to “vigorously defend against any such assertions.” Neither AccuLynx nor the FTC immediately responded to requests for comment.

Following the collapse of the deal, Verisk said it plans to redeem approximately $1.5 billion in debt that had been issued to finance the acquisition. The decision removes a major transaction from Verisk’s growth plans and underscores the growing impact of prolonged regulatory scrutiny on large technology and data-related mergers.