Advised SSP, a leading provider of software solutions to the insurance industry, on its sale to LDC
- Sector: Fintech, WealthTech & InsurTech
- Deal Type: Private Equity Deals
- Engagement type: Sellside
- Size: $305 million
Arma Partners is pleased to announce that it has acted as exclusive financial advisor to SSP Limited (“SSP”) on its sale to UK private equity firm LDC for £207 million.
SSP, a Hellman & Friedman portfolio company, is a specialist provider of insurer policy administration systems, insurance policy distribution platforms and broker management systems to the insurance industry. As part of its offering, SSP provides highly innovative data services, such as fraud detection and telematics, to help insurers better assess risks.
This transaction demonstrates Arma Partners’ continued strength in Financial Technology.