Astorg acquired a minority stake in Acturis from Summit Partners.

Astorg, a leading European private equity firm, agreed to acquire a minority shareholding in Acturis Group, a leading supplier of insurance software from the existing investor Summit Partners. Acturis employees will continue to own the majority of the company. Financial terms were not disclosed. Benoit Ficheur, Partner at Astorg says: “Acturis is an outstanding business of rare quality that we have admired for a long time. We are extremely excited to partner with the Acturis team and look forward to helping the team expand on their already strong market positions by entering new markets and segments of the industry. This investment highlights our commitment to backing innovative software leaders.”