Aquiline Capital Partners

Financial services and the technology behind them

Aquiline, formally Aquiline Capital Partners, was founded in 2005 and describes itself as a private investment specialist in financial services and technology, with offices in New York and London. It looks for companies where financial services is at the core of the business and where technology can change the way the work is done. Its stated approach has three parts: deepen its knowledge of the financial services and technology landscape, understand the main operational problems facing the organizations in it, and then identify and invest in the companies that offer answers through promising technology, services, talent and values.

Practices organized by specialism

Its investors are grouped into practices, so that each team follows one market closely. The practices named on the site are:

• insurance distribution and risk;
• healthcare technology and services;
• governance, risk and compliance;
• investment technology and services;
• insurance technology and services;
• employee benefits and payroll;
• legal technology and services;
• US wealth and retirement solutions.

Earlier descriptions of the firm named financial services and technology, healthcare and business services as its three broad areas, which fits the same list.

Two ways of investing

The site describes two investment lines. The first covers established businesses in a wide range of enterprise values, plus add-on acquisitions of any size, where it may take a majority or a minority position. The second targets younger businesses that already have recurring revenue and generally involves minority positions. Alongside the equity work it offers strategic capital that finances growth, including loans secured against recurring revenue, senior and junior debt, and preferred or structured equity.

A past example from healthcare services

An announcement the firm published in 2022 shows what its ownership looks like in practice. It had backed Aspirion, a provider of technology-enabled revenue cycle management for hospitals and physicians, which specializes in complex claims such as those tied to motor vehicle accidents, workers' compensation and military health programs, as well as revenue integrity for clinically complex claims. A healthcare-focused private equity firm agreed to buy a majority stake, and Aquiline said it would stay on as an investor with the management team. It credited the platform's growth to investment in people, technology and strategic acquisitions.

Culture

The firm says its culture is built around its mission, and that it prizes tenacity, creativity and forthrightness.

Aquiline Capital Partners is a private investment firm with offices in New York and London. What the listing holds about it comes from a 2022 announcement concerning the sale of a majority stake in one of its holdings.

Products and services

• Private investment: takes ownership positions in companies and stays involved alongside their management.
• Growth support: backs portfolio companies through people, technology and strategic acquisitions.
• Continued ownership: remained an investor in its holding after a new majority buyer arrived.

Who it works with

The announcement describes its investment in Aspirion, a provider of healthcare revenue cycle management. Aquiline and the management team stayed on as investors when Linden Capital Partners agreed to buy a majority stake.

Key facts

• Based in: New York and London
• Example holding: Aspirion, healthcare revenue cycle management