Thomas H. Lee Partners’ Investment in Carpe Data

Cooley advised Carpe Data on the deal.

Carpe Data, a provider of innovative emerging and alternative data products for the insurance industry, announced its strategic growth investment from private equity firm Thomas H. Lee Partners (THL).

Carpe Data is a next-generation data company for insurance, and transforms emerging data into predictive and actionable insights that enable automation and improve insurance outcomes across the policy life cycle. Already well known for its claims automation technology, Carpe Data also provides small commercial insurers with advanced classification, risk characteristics and predictive scores for more than 45 million businesses across the US. Based in Santa Barbara, California, Carpe Data employs nearly 150 people in the US, UK and Portugal who are committed to helping insurers achieve peak efficiency while supporting superior claims and underwriting experiences.

The Cooley team included: Tom Hopkins (Picture), Steven Dunst, Bram Couvreur, Michael Zhang, Sarah Koslov, Jeff Goldman, Megan Drill, Mark Windfeld-Hansen, Rick Jantz, Caitlin Courtney, Stella Sarma, Rachel Katz, Genevieve Lim Urban, Jacqueline Grise, Sharon Connaughton, Stacey Bradford, Amy Collins, Michael Rose, Chris Coulter, Tiana Demas, Claire Blakey, James Reizman, Joshua Friedman, Michael Coburn, John Paul Oleksiuk and Amy Saldamando.

Involved fees earner: Claire Blakey – Cooley LLP; Stacey Bradford – Cooley LLP; Michael Coburn – Cooley LLP; Amy Collins – Cooley LLP; Sharon Connaughton – Cooley LLP; Chris Coulter – Cooley LLP; Caitlin Courtney – Cooley LLP; Bram Couvreur – Cooley LLP; Tiana Demas – Cooley LLP; Megan Drill – Cooley LLP; Steven Dunst – Cooley LLP; Joshua Friedman – Cooley LLP; Jeff Goldman – Cooley LLP; Jacqueline Grise – Cooley LLP; Thomas Hopkins – Cooley LLP; Rick Jantz – Cooley LLP; Rachel Katz – Cooley LLP; Sarah Koslov – Cooley LLP; John Paul Oleksiuk – Cooley LLP; James Reizman – Cooley LLP; Michael Rose – Cooley LLP; Stella Sarma – Cooley LLP; Genevieve Lim Urban – Cooley LLP; Mark Windfeld-Hansen – Cooley LLP; Michael Zhang – Cooley LLP;

Law Firms: Cooley LLP;

Clients: Carpe Data;

Martina Bellini

Author: Martina Bellini