Thomas H. Lee Partners Acquires Majority Stake in Insurance Technologies
September 14, 2020
Thomas H. Lee Partners (THL) has agreed to acquire a majority stake in Insurance Technologies, LLC from NexPhase Capital. The investment will support Insurance Technologies' continued development of a SaaS cloud-based sales and regulatory automation platform for the insurance and financial services industries and enable further strategic acquisitions.
- Buyers
- Thomas H. Lee Partners, L.P.
- Targets
- Insurance Technologies, LLC
- Sellers
- NexPhase Capital, LP, Moelis Capital Partners (MCP)
- Industry
- Cloud & SaaS
- Location
- Colorado, United States
- Transaction Type
- Buyout
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