Lowenstein Steers $193.5M Insurance Software Co. Sale

By Benjamin Horney (December 4, 2019, 4:48 PM EST) -- Private equity firm NexPhase Capital LP, working with Lowenstein Sandler LLP, has agreed to sell life insurance and annuity software maker Flexible Architecture & Simplified Technology LLC to Verisk Analytics Inc. for $193.5 million, the companies said Wednesday....

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