Hellman & Friedman picks up Applied Systems in $1.8bn deal
Private equity backer Hellman & Friedman has completed a $1.8bn deal to acquire Applied Systems, the software house behind Insurecom.
The deal will also see a second private equity business, JMI Equity, invest alongside Hellman & Friedman in buying out the business from Bain Capital.
Members of Applied Systems' senior management will
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