Emerging Information Systems Acquires Financial Profiles Inc from Hanover (THG)
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Emerging Information Systems Inc., developer of NaviPlan financial planning software, announced its acquisition of Financial Profiles, Inc., from The Hanover Insurance Group, Inc. (NYSE: THG). Details on the terms and conditions of the transaction were not released.
Effective today, EISI, through its wholly-owned subsidiary, Emerging Information Systems (USA), Inc., has acquired all the stock of Financial Profiles, Inc. and, as such, has assumed full control of Financial Profiles' operations and underlying technology, including the Profiles+(TM) product line, the Matrix integration/consolidation framework, and the Wealth Insight platform.
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