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Terminus Capital Takes Majority Stake in Andesa Insurtech Firm

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Terminus Capital Partners has acquired a majority stake in Andesa Services, a Pennsylvania-based provider of software solutions for insurance and annuity policy administration. The deal positions Terminus as the controlling shareholder while Andesa will continue its focus on application development and enhancing the scalability of its administrative tools. Mark Wilkin, Andesa's CEO, will retain leadership, and the company's service model and brand remain unchanged. This investment underscores Terminus' strategic move into the growing insurtech sector, targeting firms offering specialized software for complex insurance products.