Thomas H. Lee Partners to acquire Insurance Technologies from NexPhase Capital.

Private equity firm Thomas H. Lee Partners agreed to acquire Insurance Technologies, a provider of sales and regulatory automation solutions for the insurance and financial services industries, from NexPhase Capital, an operationally focused private equity firm. Financial terms were not disclosed. "With an unwavering focus towards continuous improvement and an ongoing commitment to delivering high-quality products and service, the InsTech team has established itself as a leading provider of digital sales solutions in the insurance and financial services industries. We are proud of what we have accomplished together over the course of our partnership and are confident that the Company is well positioned for continued success," Joel Killion, NexPhase Partner.