Houlihan Lokey Advises Bridgepoint

Houlihan Lokey is pleased to announce that Bridgepoint, one of the world’s leading mid-market investors, has completed a new majority investment in VIPR Solutions, the leading insurance-native technology platform for delegated authority intelligence.

At the forefront of delegated authority technology since 2009 and headquartered in London, VIPR sits at the heart of how the insurance market exchanges program business data. Its platform helps process bordereaux, the data files at the legal and operational centre of every workflow, which managing general agents, coverholders, brokers, fronting carriers, re-insurers, and third-party administrators rely on to record risks, premiums, and claims.

VIPR’s AI-enabled platform allows this data to be transferred, standardised, validated, and reconciled in a controlled and auditable way. Today, the platform processes around 500,000 bordereaux annually, representing approximately $12 billion of gross written premium, across a base of blue-chip customers.

Over the past decade, VIPR has grown from a single bordereaux processing tool into an end-to-end data and workflow platform, increasingly acting as the market’s system of record. Its deep domain expertise, accumulated data, and integration into customer workflows have made it the recognised leader in its field.

Bridgepoint’s investment will provide growth capital to accelerate VIPR’s next phase of development, including continued investment in the platform and product roadmap, scaling VIPR’s existing insurance-native AI capabilities, and further international expansion. The partnership will leverage Bridgepoint’s expertise in scaling high-growth, profitable specialist data technology businesses.

Houlihan Lokey served as the exclusive buyside M&A advisor to Bridgepoint. This transaction further strengthens Houlihan Lokey’s leadership in the U.K. insurance and technology sectors, following its role as advisor to FTV Capital on its growth equity investment in Carbon Underwriting, and Cinven and La Caisse on their acquisition of Optio.

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