Advised Agencyport Software on the sale of its European operations, the leading insurance software provider to the commercial and healthcare markets, to Xchanging
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Agencyport Software on the sale of its European operations (“Agencyport Europe”) to Xchanging Plc, a London Stock Exchange-listed provider of technology-enabled business processing, technology and procurement services, for a total consideration of £64 million.
Agencyport Europe is the leading insurance software solutions provider to the commercial and healthcare markets. Agencyport Software is a Thomas H. Lee Partners portfolio company.
This transaction demonstrates Arma Partners’ continued strength in Financial Technology and the firm’s ability to deliver highly successful outcomes for private equity-backed business.