DLA Piper advised Acturis Limited, a portfolio company of Summit Partners, on the acquisition of the software company NAFI. Located in the North Rhine-Westphalian city of Höxter, NAFI group develops and distributes software solutions for the collection, calculation and analysis of car insurances. The NAFI management will be staying on.

Summit Partners is a Boston-based growth equity firm that has raised more than USD 16 billon since its founding in 1984. Summit provides growth equity, venture capital and fixed income investments to exceptional companies around the world. Acturis Limited is a leading IT service provider to the insurance industry and has been award-winning in its recent history.

The DLA Piper team advising on this transaction was led by Dominik Stühler (Corporate, Munich) with partners Dr Jan Schinköth (Corporate, Munich) and Pascal Kremp (Employment, Munich), counsels Dr Björn Enders (Tax, Frankfurt) and Bernd Siebers (Intellectual Property & Technology, Munich), as well as associates Dr Kai Terstiege, Dr Daniel Wied (both Corporate, Munich), Dr Carl Renner (Intellectual Property & Technology, Munich) and Dr Florian Olms (Employment, Munich).