Sword Insurance, a provider of software and services to the property & casualty insurance industry, announces the completion of its previously announced acquisition by Thomas H. Lee Partners, L.P. Dowling Capital Partners I, L.P. was a co-investor in the transaction. Additional terms of the transaction were not disclosed.
“Our partnership with The Sword Group laid an important foundation for Sword Insurance,” says Steve Hauck, co-CEO of Sword Insurance. “With the support of THL going forward, we will continue to fully execute on our vision to become the world's most trusted insurance software and services provider by offering our customers innovative top-tier products and services.”
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