Zenith American Holding Acquires Innovative Software Solutions (ISSI) from ASI

Incline Equity Partners Invests in Advanced Solutions International

October 30, 2025

Software

Incline Equity Partners has made a private equity investment in Advanced Solutions International (ASI), a cloud engagement-management software provider serving associations, trade unions and nonprofit organizations. Incline will partner with ASI’s management team to support product expansion, innovation and continued growth of ASI’s iMIS and complementary cloud offerings.

Azimut Group to Acquire North Square Investments via Azimut US

July 22, 2025

Financial Services

North Square Investments (NSI) has signed a binding agreement to be acquired by Azimut Group through its US subsidiary Azimut US Holdings Inc. The deal is expected to close in early 2026, subject to regulatory approvals and customary closing conditions. As part of the agreement, Kennedy Capital Management—an Azimut Group company—will become a subsidiary of North Square, which will be renamed Azimut NSI. Azimut NSI’s AUM is projected to rise to over $20 billion post-closing.

Security 101 (Gemspring Portfolio) Acquires Integrated Systems & Services (ISSI)

April 23, 2025

Engineering Services

Security 101, a Gemspring Capital portfolio company, has acquired Integrated Systems & Services, Inc. (ISSI), a security integrator based in Eatontown, New Jersey. The add-on expands Security 101's Northeast footprint and strengthens its capabilities in high-security environments, including data center and healthcare security; terms were not disclosed.

NexPhase Capital Invests in Insurance Systems Inc.

June 14, 2024

Software

NexPhase Capital has made an investment in Insurance Systems Inc. (ISI), a Toronto-based provider of enterprise policy administration software for the property & casualty insurance market. The capital will support ISI's growth in existing and adjacent markets, product enhancements for integrations, faster implementations and improved analytics; ISI's CEO Casey Kretz will remain in place.

The Hilb Group, LLC Acquires Insurance Solutions

October 13, 2020

Insurance

The Hilb Group, LLC (THG) acquired Annapolis-based Insurance Solutions (ISI), a full-service employee benefits agency, in a transaction effective October 1, 2020. ISI's leadership team and associates will join THG’s Mid-Atlantic operations and continue to operate from their existing Annapolis location as part of THG’s expanding employee benefits platform; THG is a portfolio company of The Carlyle Group.

Refinitiv Acquires Strategic Assets from Advisor Software Inc.

July 29, 2020

Software

Refinitiv has acquired strategic digital assets from Advisor Software Inc. (ASI) to enhance its Refinitiv Digital Investor platform, adding digital advice, portfolio analysis and portfolio-rebalancing capabilities. The interoperable, cloud-enabled ASI technology (APIs, Monte Carlo progress-to-goal, tax-aware rebalancing, proposal generation) will be integrated into Refinitiv's wealth management offering to expand its digital advice and portfolio analytics capabilities.