Thursday, December 1, 2011

Genstar Capital Completes Buy Of LexisNexis Unit

San Francisco-based private equity firm Genstar Capital reported this morning that it has completed its acquisition of Insurity, the provider of software and services to the property and casualty insurance industry. Insurity was previously the Insurance Software Solutions business of LexisNexis. Insurity is based in Hartford, CT. Financial details of the buy have not been announced. Genstar was advised by Ropes & Gray on legal matters on the transaction.