Thomas H. Lee Completes Sword Insurance Deal

Thomas H. Lee Partners and has completed its acquisition of Sword Insurance. Dowling Capital Partners I L.P. was a co-investor in the transaction. Sword Insurance, a provider of software and services to the property and casualty insurance industry, was previously part of French-owned Sword Group. Terms were not disclosed.

PRESS RELEASE
Sword Insurance, a leading global provider of software and services to the property and casualty insurance industry, today announced 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,” said 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.”

About Sword Insurance
Sword Insurance delivers software solutions that help companies around the world sell their products and service their clients throughout the customer lifecycle. We offer the world’s leading web-based distribution technologies, global policy administration solutions and robust business intelligence tools–a powerful mix that makes the complex business of insurance easier and smarter, and helps our customers seize opportunities and gain a competitive edge quickly. For more information, please visit: www.sword-insurance.com.

About Thomas H. Lee Partners
Thomas H. Lee Partners, L.P. (“THL”) is one of the world’s oldest and most experienced private equity firms. The firm invests in growth-oriented global businesses, headquartered principally in North America, within three broad sectors: Consumer & Healthcare, Media & Information Services and Business & Financial Services. THL’s team of investment and operating professionals partner with its portfolio company management teams to identify and implement business model improvements that accelerate sustainable revenue and profit growth. Since its founding in 1974, THL has invested in more than 100 portfolio companies and has completed over 200 add-on acquisitions, representing a combined value of more than $150 billion. THL’s two most recent investment funds comprise more than $14 billion of aggregate committed equity capital. Notable transactions sponsored by THL include Aramark, Clear Channel, Dunkin’ Brands, Michael Foods, Ceridian, Experian, Fidelity National Information Services, Houghton Mifflin, inVentiv Health, Intermedix Corporation, MoneyGram International, The Nielsen Company, ProSiebenSat.1, Snapple, Warner Chilcott, Warner Music Group and West Corporation. For more information, please visit www.thl.com.

About Dowling Capital Partners
Dowling Capital Partners I, L.P. (“DCP”) is a private equity fund that invests primarily in the insurance industry, including underwriters, distribution firms and service companies. Formed in 2011, DCP’s investors include highly regarded insurance industry organizations and professionals. DCP provides its portfolio companies and co-investors with industry expertise, broad relationships and operating experience. The firm is based in Farmington, CT.