GI Partners buys Insurity
Summary
In partnership with the company’s senior management team, GI Partners plans to accelerate Insurity’s growth as the company aims to expand its leadership in policy administration and related software solutions and leverage GI Partners’ experience in driving organic and inorganic growth. Travis Pearson, Sendil Rajendran, Sean Turner, and John Wang from GI Partners will join Insurity’s board of directors. With the market’s most advanced cloud operations, Insurity’s platform offers scalable, highly secure and reliable solutions that increase speed to value. The firm has raised over $18 billion in capital from leading institutional investors around the world to invest in private equity, real estate, and data infrastructure strategies. The private equity team invests primarily in companies in the Healthcare, IT Infrastructure, Services, and Software sectors.