Deal Details

Hexure Is Acquired by iCapital

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Summary

About

THL Partners is a private equity firm investing in middle-market growth companies in three industry groups: Financial Technology & Services, Healthcare and Technology & Business Solutions. THL partners with management teams to build great companies of lasting value and strive to generate superior returns for our investors. THL couples deep domain expertise with dedicated internal operating resources to transform and build great companies of lasting value in partnership with management. The team has managed or deployed $50 billion of equity capital, worked with over 175 partner companies around the world and fueled more than 700 add-on acquisitions representing an aggregate enterprise value of over $260 billion. THL Partners is headquartered in Boston, Massachusetts.

Hexure is the trusted leader in digital and AI-powered sales automation solutions for insurance, financial services and wealth management. Hexure helps carriers and distributors transform how they sell and service products with technology that accelerates submissions, speeds time to market and delivers fully digital, compliant workflows. The Company's solutions improve accuracy, eliminate paper processes and drive revenue growth. With proven expertise and a commitment to innovation, Hexure’s integrated AI-driven capabilities deliver smarter experiences and greater efficiency, helping carriers and distributors stay competitive in a rapidly evolving market. Hexure is headquartered in Colorado Springs, Colorado.

iCapital is a global fintech platform transforming how alternative investments are accessed, managed and scaled. Operating at the intersection of technology and investment opportunity, iCapital’s secure, end to end operating system delivers education, transaction execution, data integration, analytics and client servicing across the full investment lifecycle, seamlessly connecting with existing client infrastructure and tools. With $880 billion in global platform activity, iCapital streamlines the complexity of private investing at scale. The firm employs more than 1,750 professionals across 16 offices worldwide and is widely recognized for innovation and leadership in fintech. iCapital is headquartered in New York, New York.

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