Apax Partners-backed Azentio Software completed the acquisition of Beyontec.

Apax Partners-backed Azentio Software, a Singapore-headquartered software products business, completed the acquisition of Beyontec, an insurance technology company. Financial terms were not disclosed. "We are focussed on creating a leading regional insurance and banking technology company, delivering cutting-edge products with deep domain and local market experience to help our customers transform and grow. I am delighted to welcome the Beyontec team to Azentio. We have much in common, including our client-first culture and our focus on excellence. Together we will be able to offer an unbeatable range of solutions to our clients," Tony Kinnear, Azentio CEO.