US-based private equity firm ABRY Partners has completed the acquisition of insurance and assistance services provider, International Medical Group (IMG).
Terms of the deal, which was first announced in September this year, have not been disclosed.
Based in Indianapolis, IMG provides insurance services to various customers in around 200 countries.
With multilingual claims administrators and trained customer service professionals, the firm provides round the clock medical management services.
IMG group of companies include Akeso Care Management, IMG Europe, IMG-Stop Loss, Global Response, iTravelInsured and International Medical Administrators.
ABRY partner Brent Stone said: "We are proud to welcome IMG into the ABRY family. Its outstanding leadership, sustained growth and reputation for excellence position IMG as the top player among its competitors.
"With our shared vision and values, we look forward to continuing our partnership and further expanding IMG’s global presence."
IMG president and CEO Brian Barwick said: "We are excited to partner with ABRY, whose solid financial foundation and decades of experience investing in high-quality companies will provide the support necessary to drive additional expansion."
Established in 1989, ABRY invests in media, communications, insurance, business and information services.