University Park, IL--Vista Equity Partners and James P. Kellner have acquired Applied Systems, Inc., the insurance software company born 20 years ago in suburban Chicago as a one-product, home-based business that grew to become the leading provider of automation solutions in the property and casualty insurance industry.
Vista is a San Francisco-based private equity firm that invests in private and public technology-enabled companies, focusing on successful organizations committed to maintaining industry leadership. Kellner is a 19-year veteran of Applied Systems, starting as director of new product development, later serving as director of the large agent and broker division, then becoming company president. With the new partnership, Kellner continues in his role as Applied Systems chief executive officer and chairman of the board.
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