Applied Systems’ Acquisition Of Indio Technologies


Simpson Thacher represented Applied Systems, Inc. in the transaction.

Applied Systems has entered into a definitive agreement to acquire Indio Technologies, Inc., as a critical component of its investment in digitizing the end-to-end commercial lines submissions process across agencies, brokers, insurers and insureds.

The combined company will deliver tight integration between Indio’s solution and Applied Epic, creating significant productivity and speed advantages for agents and brokers.

Indio is the leading solution for the insurance application and renewal process, enabling agencies and brokers to deliver a fully automated client risk data capture and application experience.

Applied Systems, Inc., a Hellman & Friedman portfolio company, is the world’s largest provider of agency and brokerage management systems. The Company serves customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom.

The Simpson Thacher team included Atif Azher (Picture), Naveed Anwar, Sherry Shen, Mary Keating and Elaine Zhou (M&A); Brian Steinhardt and Michael Brennan (Credit); David Rubinsky and Joo Hyun Lee (Executive Compensation and Employee Benefits); Marcela Robledo and Corina McIntyre (Intellectual Property); Katharine Moir and Nicole Humphrey (Tax); Sara Razi, Ellen Frye, Kelly Karapetyan and John Goheen (Antitrust); Stephen DeLott (Insurance); and Timothy Mulvihill (Environmental).

Involved fees earner: Naveed Anwar – Simpson Thacher & Bartlett; Atif Azher – Simpson Thacher & Bartlett; Michael Brennan – Simpson Thacher & Bartlett; Steven DeLott – Simpson Thacher & Bartlett; Ellen Frye – Simpson Thacher & Bartlett; John Goheen – Simpson Thacher & Bartlett; Nicole Humphrey – Simpson Thacher & Bartlett; Kelly Karapetyan – Simpson Thacher & Bartlett; Mary Keating – Simpson Thacher & Bartlett; Joo Hyun Lee – Simpson Thacher & Bartlett; Corina McIntyre – Simpson Thacher & Bartlett; Katharine Moir – Simpson Thacher & Bartlett; Timothy Mulvihill – Simpson Thacher & Bartlett; Sara Razi – Simpson Thacher & Bartlett; Marcela Robledo – Simpson Thacher & Bartlett; David Rubinsky – Simpson Thacher & Bartlett; Sherry Shen – Simpson Thacher & Bartlett; Brian Steinhardt – Simpson Thacher & Bartlett; Elaine Zhou – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Applied Systems ;

Author: Ambrogio Visconti