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Industry News

Abry-Backed York Risk Services Acquires Axis Holdings

7 February 2013

(Dow Jones) Abry Partners-backed insurance servicer York Risk Services Group has purchased Axis Holdings Ltd. for an undisclosed sum, York said in a news release Thursday.

Axis provides loss adjustment services to various industries, including property, liability, power and energy and construction.

York said the Axis purchase is part of the company’s strategic plan to expand internationally, particularly into international markets such as Latin America and the Caribbean.