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.