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.
Talk to the deal team
Related deals
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreNuzoa has acquired Agrofauna
Nuzoa, a provider of value-added services for pets and livestock in the Iberian Peninsula, has acquired 100% of Agrofauna. This transaction reinforces Nuzoa’s presence in the Portuguese market, particularly in the northern region, marking another step toward its ambition to become the leading operator while further consolidating its brand across Iberia.
Learn moreMiddlecon has been acquired by Nion
Middlecon has been acquired by Nion, a digital consultancy backed by Stella Capital. The acquisition strengthens Nion’s capabilities in data management and advanced analytics, enabling it to undertake larger and more complex data-driven initiatives for its customers. The partnership with Nion provides Middlecon with a strong foundation for continued growth and expansion.
Learn more