Today’s issue of WorkCompRecap features a couple pieces of acquisition news, starting with Patriot National’s announcement that it has acquired Infinity Insurance Solutions, a premium auditing and underwriting survey agency based in Overland Park, Kansas. Infinity’s President Steve Sales is expected to continue operating the business with his team, which will become part of Patriot’s subsidiary Patriot Underwriters. Find out more by clicking here!
Also in the M&A department today is private equity firm Lightyear Captial’s announcement that it has completed the sale of Paradigm to affiliates of Summit Partners. Lightyear’s affiliated investment funds acquired Paradigm in February, 2012 from Sterling Partners. Summit Partners’ Managing Director Darren Black and Vice President Ross Stern will join the Paradigm board. Find out more by clicking here!