illumifin Acquires LTCG
April 6, 2022
illumifin has completed the acquisition of LTCG, combining LTCG’s long-term care administration and claims capabilities with illumifin’s third‑party administration and technology platform to create one of the largest insurance service providers in the North American long‑term care, life, health, and annuity markets. illumifin, a PE‑backed platform formed with backing from Abry Partners and Hoplon Capital, will integrate LTCG’s underwriting, claims, analytics and actuarial capabilities to expand end‑to‑end digital administration services for insurers.
- Buyers
- illumifin, Abry Partners, Hoplon Capital
- Targets
- LTCG
- Platforms
- illumifin
- Industry
- Insurance
- Location
- Minnesota, United States
- Transaction Type
- Addon
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