Sherman & Company LLC served as financial advisor to RiskMeter Online developer CDS Business Mapping, LLC on its acquisition by CoreLogic® (NYSE: CLGX), a leading residential property information, analytics and services provider in the U.S. and Australia. CDS Business Mapping LLC is a digital mapping sales and consulting company providing geographic underwriting information for the property & casualty insurance industry. Their primary product, RiskMeter Online, is a real-time underwriting application based upon mapping technology which enables underwriters to identify property-specific geographic hazards including distance to coast, flood zones, rating territories, proximity to brush, wind pool eligibility, and earthquake information for any property in the United States.
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