Insurance Post

Charles Taylor teams up with PE firm to buy major stake in software provider

Bag of money

Charles Taylor and global private equity firm The Riverside Company have collectively entered into an agreement to acquire a majority interest in the owner of Fadata AD, a specialist provider of software solutions to the global insurance industry.

Fadata provides an end-to-end policy administration system, used by life, general insurance and health insurance businesses.

The establishment of this joint venture between Charles Taylor, Riverside

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