Carlyle Group LP has completed the acquisition of French insurance software vendor Prima Solutions in partnership with its management team.
The investment was made by Carlyle Europe Technology Partners III, a €657 million Carlyle fund focused on European technology, media and telecommunications companies.
Additionally, Prima Solutions has acquired Tricast, which provides analysis and predictive tools. Tricast's staff will join Prima Solutions and will be managed by the current executive team, including President Hugues Delannoy and CEO Rodolphe Peim.