ABRY Partners Acquires Majority Equity Interest in York Risk Services Group

ABRY Partners closed its deal to invest in the majority stake of New Jersey-based claims-handling business York Risk Services Group in a secondary deal from Odyssey Investment Partners. The private equity firm has spent more than a decade handling business services deals. Among its other investments in the space are its 2008 deals in Gateway EDI, a claims processor for physicians, and Orion HealthCorp, a billing agency; Talent Partners, a payroll services provider to ad agencies, and Gould & Lamb, a claims settlement service. Harris Williams and Macquarie Capital advised York.

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