Schroder British
Opportunities Trust plc
Investment in
Acturis
4 October 2024
Schroder British Opportunities Trust
plc ("SBO") is pleased to confirm a new private equity investment
in Acturis Ltd
("Acturis"), a leading SaaS provider for
brokers, insurers, and managing general agents across the general
insurance market.
Acturis was founded in the UK in 2000
and has grown to support over 100,000 individual users in more than
40 countries. The company, which has won multiple industry awards
for its products, has seen strong organic and inorganic growth in
recent years, following expansion into Germany, France, Canada,
Ireland, and the United States, in addition to the development of
industry leading products and services to meet the growing demand
for electronic trading of insurance policies.
The capital invested will be used to
support Acturis' expansion and innovation efforts.
This will be SBO's eleventh private
equity investment, with the private equity portfolio comprising of
ten investments.
SBO gained exposure to Acturis via
Schroders' long-standing investment partner, Astorg, a leading
European private equity firm, that will partner closely with
Acturis to drive the company's international growth.
Tim Creed and Pav Sriharan, Private
Equity portfolio managers of SBO, commented: "We are excited to support Acturis,
recognising its potential for substantial growth in the global
insurance software market."
Enquiries:
Schroder Investment Management
Limited
Katherine Fyfe (Company
Secretarial)
Charlotte Banks (PR)
020 7658 6000
Peel Hunt
Liz Yong, Huw Jeremy (Investment
Banking)
Alex Howe, Chris Bunstead, Ed
Welsby, Richard Harris (Sales) 020 7418
8900
About Schroder British Opportunities
Trust plc 'SBO'
SBO invests in a diversified
portfolio of UK-focussed public and private equity companies
with long-term growth prospects.
Further information on the Company
is available at www.schroders.com/sbo
