Great Hill Partners invests in bswift

Great Hill Partners has made a minority investment in bswift. Financial terms weren't announced. Chicago-based bswift offers software and services that aim to streamline benefits, HR and payroll administration for employers and public and private exchanges nationwide. Great Hill's investment came from its fourth investment fund that closed at $1.1 billion in 2009. Raymond James & Associates acted as financial advisor to bswift.

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