Skywire acquires Docucorp

Skywire has completed its $127 million acquisition of Docucorp International. The companies will merge to provide software and services to insurance, healthcare and financial services industries.

The merged company will adopt the Skywire Software name and operate as a privately held subsidiary of Hall Financial Group, a $2 billion private, diversified financial firm. Skywire Software says it will provide the insurance industry with integrated sets of software and service offerings, including enterprisewide document automation technology and business applications, such as business intelligence, data movement, rating, rules and underwriting.