Moelis Capital Partners Sub-Advisor NexPhase Capital Announces Sale of Insurance Technologies

Cision PR Newswire | September 15, 2020

Moelis Capital Partners Sub-Advisor NexPhase Capital Announces Sale of Insurance Technologies
NexPhase Capital, LP, an operationally focused private equity firm and sub-advisor to the Moelis Capital Partners ("MCP") Opportunity Funds, today announced that it has entered into a definitive agreement to sell Insurance Technologies, LLC a provider of sales and regulatory automation solutions for the insurance and financial services industries, to Thomas H. Lee Partners. Through investments in people, processes, and products, NexPhase has worked closely with InsTech's management team to drive dynamic advancement of a truly digital sales lifecycle solution within a single platform. NexPhase has also supported the Company's efforts to further expand both the FireLight® and ForeSight® solutions, which have provided and continue to provide value to InsTech's clients and the insurance and financial services industries. Since partnering with the NexPhase team in 2014, the Company has experienced significant growth by expanding its carrier and distributor client bases.

Spotlight

The HR profession is slowly becoming more knowledgeable about recruitment marketing (RM), although even those with a clear understanding of it have a difficult time staying current in this fast-evolving area. RM consists of the various activities an organization uses to find, attract, engage.

Spotlight

The HR profession is slowly becoming more knowledgeable about recruitment marketing (RM), although even those with a clear understanding of it have a difficult time staying current in this fast-evolving area. RM consists of the various activities an organization uses to find, attract, engage.

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