Advised Agencyport Software on the sale of its European operations, the leading insurance software provider to the commercial and healthcare markets, to Xchanging
Jul 2014
acquired by
$110 million
  • Sector: Fintech, WealthTech & InsurTech
  • Deal Type: Strategic Deals; Private Equity Deals
  • Engagement type: Sellside
  • Size: $110 million
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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.