Ropes & Gray Represents Genstar in Sale of Significant Interest in Insurity to TA Associates
Ropes & Gray represented Genstar Capital, LLC in its sale of a significant interest in Insurity, a software and services provider to the property and casualty insurance industry, to TA Associates. Based in San Francisco, Genstar is a leading middle market private equity firm focused on investments in targeted sectors within the insurance and financial services, software, life sciences, health care and industrial technology industries. The transaction was announced Nov. 4.
The Ropes & Gray team included private equity partner Howard Glazer (San Francisco), tax partner Lee Allison (New York), and finance partner Michael Lee (Boston).