Acturis reveals new minority shareholder

money-tap-private-equity

European private equity firm Astorg has taken a minority stake in Acturis Group from existing investor Summit Partners.

Insurance Age revealed in January that the software house was seeking a new minority PE investor to replace Summit, which initially invested in Acturis in June 2010.

Acturis declined to say how much of the business is now PE owned, but noted that its employees will continue to own the majority of the company.

Following the deal, Astorg is set to support Acturis’ future

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: