Thoma Bravo has acquired iPipeline, a provider of cloud-based software used in the life insurance industry, from three venture capital firms: NewSpring Capital, Technology Crossover Ventures and Volition Capital. iPipeline’s software is used to automate the life insurance sales process in order to reduce the time, cost and error rate of processing insurance applications. The […]
insurance software
Hellman & Friedman Acquires Applied Systems
Applied Systems, a provider of insurance software and a portfolio company of Bain Capital, has signed an agreement to be acquired by Hellman & Friedman in a transaction valued at approximately $1.8 billion. The transaction is expected to be completed in early 2014. JMI Equity will be investing alongside Hellman & Friedman. Members of Applied […]
Aurora Capital Exits Mitchell International
Aurora Capital Group has completed the sale of Mitchell International, a provider of property & casualty insurance claims technology and software, to KKR. Aurora acquired Mitchell in March 2007 along with co-investors Norwest Equity Partners and GE Pension. Mitchell is a provider of claims technology and software designed to automate and optimize property and casualty […]
