Nord Holding’s head Matthias Kues is to step down from his role and leave the firm after 30 years. Andreas Bösenberg steps in as the new managing director.
EQT VIII will acquire a majority stake in the business with Oakley Capital Private Equity III investing €80m for a minority stake.
Active Assurances specialises in the digital distribution of insurance products. The investment is Activa’s seventh investment from its third fund.
Idinvest Partners has hired Guillaume Santamaria as an investment director in Idinvest’s Growth Capital team, which held a first close on a new fund at €250m in November 2016.
Graphite Capital Partners IX held a first close last month and is seeking to wrap up the raise by July, with a hard cap set at £500m.
Hg is investing in Iris for the third time. Its Saturn fund and ICG have bought Iris from the Hg6 Fund, which has secured a 4.2x multiple and 26 per cent IRR.