Simpson Thacher represented Applied Systems, Inc., a Hellman & Friedman portfolio company, and the world’s largest provider of agency and brokerage management systems, in its proposed acquisition of Indio Technologies, Inc. (“Indio”).
Indio is the leading solution for the insurance application and renewal process, enabling agencies and brokers to deliver a fully automated client risk data capture and application experience. The combined company will deliver tight integration between Indio’s solution and Applied Epic, creating significant productivity and speed advantages for agents and brokers.
The Simpson Thacher team includes Atif Azher, Naveed Anwar, Sherry Shen, Mary Keating and Elaine Zhou (M&A); Brian Steinhardt and Michael Brennan (Credit); David Rubinsky and Joo Hyun Lee (Executive Compensation and Employee Benefits); Marcela Robledo and Corina McIntyre (Intellectual Property); Nicole Humphrey (Tax); Sara Razi, Ellen Frye, Kelly Karapetyan and John Goheen (Antitrust); Stephen DeLott (Insurance); and Timothy Mulvihill (Environmental).