Business Wire

Tinubu® Square Announces Acquisition of U.S. Company eSURETY®


Tinubu Square, the market leader for enterprise software solutions to Credit and Surety Insurers, announces its first corporate acquisition in the U.S., one that fully integrates both companies’ expertise in the Credit Insurance & Surety sector.

This press release features multimedia. View the full release here:

Jérôme Pezé, Tinubu Square Group, founder and CEO, declared: “By combining expertise and resources with eSURETY, Tinubu Square Group provides its end-to-end solutions to 30 of the top 60 credit and surety underwriters. This is a major step toward continuing our goal as the leading industry standard of excellence. Indeed, our clients are the source for innovation and permanent improvements and contribute to our technology roadmap and functional enhancement. Dan Buckles and his eSURETY team share our values of delivery excellence, reliability, and customer centricity.”

“Six years ago, we launched Tinubu Square Americas”, said Olivier Placca, Tinubu Square Group co-founder and Deputy CEO. “Since then, we acquired as clients several major U.S. and Canadian Credit Insurers. Based on this success and experience, with the recent 15 million euros cash equity increase, Tinubu Square moved on this acquisition. For 20 years, we have shared with the eSURETY team the same passion for creating the best-in-class SaaS solutions for specialty lines insurers.”

“For 21 years, eSURETY has been the award-winning leader in providing powerful cloud-based surety solutions, consistently recognized as the best-of-breed software solution for automated underwriting, account risk analysis, bond lifecycle management, and surety analytics at an enterprise level”, said Daniel T. Buckles, former CEO of eSURETY®. “Tinubu Square is the global leader in designing, producing, and servicing the largest providers of credit insurance and surety. The acquisition of the eSURETY® solution, staff, and brand brings a great deal of highly complementary capabilities to both firms’ existing and future customers. Mr. Buckles added: “We are united by a common culture based on a passion for innovating and driving the customer experience."

Offering Surety Solutions Worldwide
Tinubu Square’s one-hundred and seventy employees worldwide and twenty years of innovation makes it a strong leader in the Credit and Surety Insurance industry. By adding the U.S. team (Casselberry, Florida), they will lead the way in Surety Insurance software solutions globally, with a focus on expanding business in the U.S. and Canada.

Strategic Partners and Commitment to Clients
Tinubu Square was attracted to eSURETY’s technological solutions, which resulted from extensive R&D over the last five years and long-term demonstrated innovation and expertise in the Surety software industry within the U.S. With Tinubu Square’s international expertise, and digital transformation management capabilities, that is proven among major insurers worldwide, they are positioned to provide end-to-end enterprise solutions in Short and Medium-Term Trade Credit, Political Risk, and Surety, that involve multi-currency, multi-country, and multi-business units.

Tinubu Square and eSURETY have each built long-term partnerships with their clients and will continue to provide a reliable and secure commitment to existing relationships.

Together they will be able to bring enhanced services and strengths to their existing customer relationships while being able to scale faster and more securely in the rapidly growing global demand for surety products. Large carriers, as well as start-ups, will find the products, services, and extensive business experience for them to achieve their most ambitious goals.

Committed to pursuing the development of eSURETY and Tinubu Square Solutions, Dan Buckles, former CEO of eSURETY, was appointed Deputy CEO of Tinubu Square Americas and President of Tinubu Square Surety Americas.

Integrating Technologies and Adding Opportunities in Innovation
With 20% of its revenue invested in R&D, Tinubu Square Group will answer the expectation of credit insurance and surety insurers for leading and consistently improved technology solutions.

In 2019, Tinubu Square received recognition from Corda for its commitment to Surety developments and its dedication to blockchain technology.

Founded in 1998, eSURETY® is a world-class, cloud-based specialty software provider, enabling carriers, brokers, and MGAs to securely apply, quote, bond, issue, and support every form of surety as well as offering a powerful direct-to-the-consumer experience on any device from any browser, anywhere in the world. This powerful cloud-solution can be fully white-labeled or integrated with customers’ branding and messaging.

About Tinubu Square
Tinubu Square is the industry-leading SaaS platform vendor, enabling Credit Insurance & Surety digital transformation. For 20 years, Tinubu Square has provided Credit & Surety insurers across the globe with software and services allowing them to offer best-in-class customer experience, as well as significantly reduce their exposure to risk and their financial, operational and technical costs. Tinubu Square has an international footprint with customers in over 20 countries, including 30 of the top 60 worldwide Credit & Surety underwriters.

The law firm of Pepper Hamilton, LLP represented eSURETY and the law firm Jones Day® represented Tinubu Square in the legal transaction completed on February 20, 2020.

Contact information

Tinubu Square: Lotta Bonde Phone: +33 1 5595 85 85
eSURETY: Daniel Buckles Phone: +1 904 395 1616

About Business Wire

Business Wire
Business Wire

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Nike Extends its Athletic Leadership5.2.2020 19:00:00 CETPress release

Today, NIKE, Inc. (NYSE: NKE), unveiled breakthrough innovation for athletes competing in the Tokyo 2020 Games, including footwear designed to provide runners with a measurable performance benefit for a new era of competition. The NEXT% platform, introduced by barrier-breaking marathoner Eliud Kipchoge, will now expand into new disciplines following its unparalleled success in distance running. This press release features multimedia. View the full release here: An international group of athletes joined the Nike 2020 Forum in New York to unveil the brand's latest performance and sustainable innovations. From left to right: Ibtihaj Muhammad, English Gardner, Leticia Bufoni, Blake Leeper, Timothy Cheruiyot, Dina Asher-Smith, Tomoya Ochiai, Sky Brown, Chris Mosier, Nyjah Huston, DeAnna Price, Bebe Vio, Kevin Mayer, Megan Blunk, Brandi Chastain, Aaron Brown, Sophie Hahn, Aori Nishimura, Diana Taurasi, Miles Chamley-Watson, Leon Schae

Cepton Expands With $50 Million Investment From Koito5.2.2020 18:00:00 CETPress release

Cepton Technologies, Inc., a leading provider of state-of-the-art, intelligent, lidar-based solutions, announced today that it has raised over $50 million in Series C funding. This brings Cepton’s total funding to nearly $100 million, providing a strong foundation to substantially ramp up its R&D efforts, expand its footprint in the automotive market and support major customers worldwide. The latest funding round was led by Koito Manufacturing Co., Ltd. (TYO:7276), the automotive Tier 1 and world-leading provider of automotive lighting systems, with an investment of $50 million. Existing investors in Cepton also participated in this round. As part of the transaction, Koito will obtain non-exclusive rights to manufacture and sell Cepton’s lidar sensor design for an automotive application, using key components supplied by Cepton. Cepton will use the proceeds to accelerate development and deployment of its advanced lidar technology in ADAS applications, in autonomous vehicle applications,

Imricor Announces First Cases Successfully Performed at Heart Center Dresden5.2.2020 17:40:00 CETPress release

Imricor Medical Systems, Inc. (Company or Imricor) (ASX:IMR) is pleased to announce the first procedures using the Company’s products following CE mark of the Vision-MR Ablation Catheter have been performed at the Heart Center Dresden. This press release features multimedia. View the full release here: Drs. Christopher Piorkowski (left) and Thomas Gaspar (right) performing iCMR ablations at the Heart Center Dresden (Photo: Heart Center Dresden). Three procedures were successfully performed over two days by Dr. Christopher Piorkowski and Dr. Thomas Gaspar ( Additional physicians at the Heart Center Dresden will also begin performing procedures immediately. These procedures mark the first iCMR ablations anywhere in the world to ever be performed outside of a clinical trial. They were performed in an iCMR lab fitted with a Siemens 1.5T MAGNETOM Aera MR scanner. “It’s ano

VALBIOTIS Announces a Global Strategic Partnership With NESTLÉ HEALTH SCIENCE For the Development and Commercialization of TOTUM-63, a Plant-derived Active Substance With Clinically Demonstrated Metabolic Health Benefits on Prediabetics5.2.2020 17:30:00 CETPress release

Regulatory News: VALBIOTIS (Paris:ALVAL) (FR0013254851 – ALVAL / PEA/SME eligible ), a Research & Development company committed to scientific innovation for preventing and combating metabolic diseases, announces the signature of a global long-term strategic partnership with Nestlé Health Science for the development and commercialization of TOTUM-63, an innovative and patented combination of 5 plant extracts specifically designed to reduce the risk of developing Type 2 Diabetes on prediabetics. Sébastien PELTIER, CEO of VALBIOTIS states: “Nestlé Health Science is an ideal strategic partner for VALBIOTIS. Its global reach, strategic intent to develop science-based nutritional health solutions and focus on fighting metabolic disorders like diabetes will be instrumental to TOTUM-63's worldwide commercialization success. We are excited about the opportunity that this deal brings to VALBIOTIS and to the many millions of people around the world at risk of becoming Type 2 diabetics. This trans

Skilling lanserar branschens första sömlösa integration med Spotwares cTrader, inriktad på erfarna handlare.30.1.2020 08:00:00 CETPress release

Forex- och CFD-handelsplattformen Skilling annonserade förra veckan lanseringen av branschens första sömlösa integration med Spotwares cTrader - en unik funktion som internt kallas Ett konto. Två plattformar. Detta pressmeddelande använder multimedia. Se den fullständiga versionen här: Skilling lanserar branschens första sömlösa integration med Spotwares cTrader. (Photo: Business Wire) Funktionen gör att Skilling kan erbjuda sina kunder sömlös handel över två olika handelsplattformar på ett enda Skilling-konto utan att behöva finansiera och hantera två olika konton separat. ”Enkelt uttryckt ville vi ge våra kunder valet vilken handelsplattform de kan använda - vår egen Skilling Trader eller en mer avancerad klientorienterad cTrader. Problemet du har med andra mäklare som erbjuder flera plattformar är behovet av att finansiera två konton separat, upprätthålla sunda marginaler på två olika konton och också ha två uppsättningar av

inRiver utser Per-Olof Schroeder till ny VD29.1.2020 16:43:00 CETPress release

inRiver, som levererar SaaS-baserade lösningar för Product Information Management (PIM), meddelar att styrelsen idag har utsett Per-Olof Schroeder till ny VD för bolaget. Per-Olof tillträder sin tjänst med omedelbar verkan. “Styrelsen tackar Thor Johnson för hans ledning av bolaget under de två senaste åren, och är glada över att välkomna Per-Olof som vår nye VD," säger inRivers styrelseordförande, Jorgen Smidt. "Per-Olof har en påvisad erfarenhet av att mycket framgångsrikt leda utveckling av SaaS Computing Services, molnbaserade tjänster, och samtidigt leverera stark tillväxt både gällande intäkter, lönsamhet och marknadsandelar. I sin roll som bolagets VD kommer han fortsätta att utveckla inRivers mission att hjälpa våra kunder bli bäst på att marknadsföra och sälja sina produkter." Schroeder har mer än 25 års erfarenhet av ledande befattningar inom IT-branchen, inklusive 15 år på Microsoft, varav sju år som chef över Microsofts Productivity & Business Process Business Group i väste

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom