Announced
Completed
Financials
Tags
Majority
clinical services
Single Bidder
insurance services
Domestic
administrative solutions
Friendly
Private
Acquisition
Insurance Brokers
Private Equity
United States
Completed
Synopsis
Abry Partners and Hoplon Capital-backed illumifin, an insurance third-party administration and software provider, completed the acquisition of LTCG, a provider of administrative solutions and clinical services to the long-term care insurance industry. Financial terms were not disclosed. “Today marks an important milestone in illumifin’s journey to become the leading insurance services and software provider in our market. We are excited to drive transformation across the industry through our unique combination of insurance insight, operational excellence, and technology innovation," Phil Ratcliff, illumifin CEO.
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