Applied Systems Announces Minority Investment by Stone Point Capital
09.13.17
This is only gets display when printing
The Firm is representing Applied Systems and Hellman & Friedman in connection with a minority investment in Applied Systems by affiliates of Stone Point Capital LLC. Additional terms of the transaction were not disclosed.
Applied Systems is a leading provider of insurance software and a recognized pioneer of agency management systems and data exchange between agencies, brokerages, carriers and their clients.
The Simpson Thacher team included Chad Skinner, Simon Chiu, Meredith Pressfield and Mark Underwood (M&A); David Rubinsky and Joo Lee (Executive Compensation and Employee Benefits); Jacqueline Clinton and Sophie Staples (Tax); Linda Nyberg (Intellectual Property); and Peter Thomas, Ellen Frye, William Kearney and Tomi Mendel (Antitrust).