Go to deals
Private Equity | TMT

AssFiNET Group has been acquired by Acturis Group Limited

The shareholder of AssFiNET Group, a software developer for the insurance industry, has completed the sale of the company to Acturis Group Limited (Acturis), a leading software service provider, for an undisclosed consideration.

AssFiNET is the leading broker software developer in Germany with a market share of more than 25%. AssFiNET’s broker software provides support for the entire broking process including connectivity to insurers and to quote comparison systems.

Acturis is the leading UK, award winning software-as-a-service provider to the insurance industry with more than 25% per year-on-year growth over the last seven years. The Acturis System is an administration, distribution and underwriting platform used by insurance brokers and underwriters and now has more than 11,700 users across over 400 sites in the UK. The company leads the way in real-time integrations with insurers and has won industry Service Provider of the Year awards in 2006, 2007, 2009 and 2010, and the British Insurance Technology Award in 2011.

Oaklins' team in Germany exclusively advised the shareholder of AssFiNET Group on finding a strategic partner for the business.

Parties

Talk to the deal team

Jan P. Hatje

Managing Partner
Hamburg, Germany
Oaklins Germany

Christoph Rummelt

Director
Hamburg, Germany
Oaklins Germany

Related deals

GARAIO has been acquired by Netrics Group.
Private Equity | TMT

GARAIO has been acquired by Netrics Group.

Netrics Group has acquired GARAIO AG as a wholly owned subsidiary. GARAIO will continue to operate as an independent company under the umbrella of Netrics Group. With this acquisition, Netrics Group is further expanding its leading position as a provider of managed cloud and digital workplace solutions as well as consulting services.

Learn more
Kees Smit Tuinmeubelen has been acquired by Craft Capital
Private Equity | Consumer & Retail

Kees Smit Tuinmeubelen has been acquired by Craft Capital

Kees Smit Tuinmeubelen, a family-owned leading omnichannel retailer of garden furniture and related accessories, has agreed to sell a majority stake to Craft Capital, a Netherlands-based investment firm. The transaction is still subject to fulfillment of customary closing conditions.

Learn more
Symatrix Limited has been acquired by AST Corporation
Private Equity | Business Support Services | TMT

Symatrix Limited has been acquired by AST Corporation

The shareholders of Symatrix have sold tthe business to AST Corporation.

Learn more