Software house currently owned by US private equity firm Hellman & Friedman
Private equity house LDC is to buy insurance software house SSP, Insurance Times understands.
SSP is currently owned by US private equity house Hellman & Friedman, which bought the company in 2008 in a £198m deal.
The software house was previously listed on the London Stock Exchange’s Alternative Investment Market.
LDC is part of Lloyds Banking Group. The mid-market private equity firm backed loss adjuster Davies’ management buy-out in 2008.
More recently, LDC backed the management buy-out of claims management and counter-fraud software company Validus-IVC in March 2013.
A spokesman for LDC declined to comment. SSP did not immediately return requests for comment.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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