Jump to content

AnaCap Financial Partners: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
Investments: investment November 2021
Citation bot (talk | contribs)
Altered title. | Use this bot. Report bugs. | Suggested by Abductive | Category:Articles with topics of unclear notability from August 2024 | #UCB_Category 167/907
 
(12 intermediate revisions by 2 users not shown)
Line 1: Line 1:
{{Multiple issues|
{{Notability|1=Companies|date=August 2024}}
{{Cleanup press release|1=article|date=August 2024}}
}}
{{Infobox company
{{Infobox company
| name = AnaCap
| name = AnaCap
Line 11: Line 15:
| num_employees = <30
| num_employees = <30
}}
}}
'''AnaCap Financial Partners''' ('AnaCap') is a private equity firm advising funds that invest in Software, Technology and Services within the European financial ecosystem.
'''AnaCap Financial Partners''' ('AnaCap') is a London-based British private equity firm advising funds that invest in Software, Technology and Services within the European financial ecosystem.


==History==
==History==
AnaCap was founded in 2005.<ref>{{cite web|title=Company Overview of AnaCap Financial Partners LLP|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25841236|archive-url=https://web.archive.org/web/20141122182249/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25841236|url-status=dead|archive-date=November 22, 2014|publisher=Businessweek}}</ref> The firm launched its debut fund in 2006, when it raised €300 million and has since raised €2.7 billion across 4 private equity funds and various co-investment vehicles. AnaCap’s funds have attracted a global investor base including institutions such as [[Goldman Sachs]] and [[Allianz]].<ref>{{cite web|title=AnaCap seeks €900 min for Fund III|date=6 February 2014|url=http://www.pehub.com/2014/02/anacap-seeks-e900-mln-for-fund-iii/|publisher=Reuters}}</ref><ref>{{Cite web |date=11 December 2009 |title=AnaCap to acquire Czech bank |url=https://www.privateequitywire.co.uk/anacap-acquire-czech-bank/ |access-date=1 March 2024 |website=Private Equity Wire}}</ref>
AnaCap was founded in 2005.<ref>{{cite web|title=Company Overview of AnaCap Financial Partners LLP|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25841236|archive-url=https://web.archive.org/web/20141122182249/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25841236|url-status=dead|archive-date=November 22, 2014|publisher=Businessweek}}</ref> The firm launched its debut fund in 2006, when it raised €300 million and has since raised €2.7 billion across 4 private equity funds and various co-investment vehicles. AnaCap’s funds have attracted a global investor base including institutions such as [[Goldman Sachs]] and [[Allianz]].<ref>{{cite web|title=AnaCap seeks €900 min for Fund III|date=6 February 2014|url=http://www.pehub.com/2014/02/anacap-seeks-e900-mln-for-fund-iii/|publisher=Reuters}}</ref><ref>{{Cite web |date=11 December 2009 |title=AnaCap to acquire Czech bank |url=https://www.privateequitywire.co.uk/anacap-acquire-czech-bank/ |access-date=1 March 2024 |website=Private Equity Wire}}</ref>


The firm’s strategy is to invest in Software, Technology and Services within the European financial ecosystem. AnaCap focuses on supporting founders, entrepreuners and managers in the European lower mid-market.
The firm’s strategy is to invest in Software, Technology and Services within the European financial ecosystem.


In 2022, Anacap carved out of the credit business into an independent advisory firm called Veld Capital.<ref>{{cite web|title=AnaCap's credit arm spints out to become Veld Capital|date=3 October 2022|url=https://www.altassets.net/market-news/firm-news/anacaps-credit-arm-spins-out-to-become-veld-capital.html}}</ref>
In 2022, Anacap carved out of the credit business into an independent advisory firm called Veld Capital.<ref>{{cite web|title=AnaCap's credit arm spints out to become Veld Capital|date=3 October 2022|url=https://www.altassets.net/market-news/firm-news/anacaps-credit-arm-spins-out-to-become-veld-capital.html}}</ref>
Line 24: Line 28:


== Investments ==
== Investments ==
In May 2022, AnaCap, together with US investment banks [[Citigroup|City]] and [[Goldman Sachs]], invested $250 million into Jobandtalent, the Madrid based temporary job platform.<ref>{{Cite web |date=2022-05-05 |title=Boosting flexible wage payments, Jobandtalent gets $250-million debt facility from Citi, Goldman Sachs and AnaCap |url=https://tech.eu/2022/05/05/boosting-flexible-wage-payments-to-workers-jobandtalent-gets-250-million-debt-facility-from-citi-goldman-sachs-and-anacap/ |access-date=2024-03-08 |website=Tech.eu |language=en-GB}}</ref><ref>{{Cite web |title=AnaCap Financial Partners |url=https://www.cbinsights.com/investor/anacap-financial-partners |access-date=8 March 2024 |website=CB Insights}}</ref>
In May 2019, Anacap acquired a majority stake in the Danish private health insurance platform SunhedsGruppen.<ref>{{Cite web |last=Sheehan |first=Matt |date=2019-05-22 |title=AnaCap takes majority stake in Danish health insurer SundhedsGruppen - Reinsurance News |url=http://www.reinsurancene.ws/anacap-takes-majority-stake-in-danish-health-insurer-sundhedsgruppen/ |access-date=2024-04-12 |website=ReinsuranceNe.ws |language=en}}</ref><ref>{{Cite web |title=AnaCap Financial buys majority stake in health insurance platform SundhedsGruppen |url=https://fintech.global/digitalinsurtechforum/anacap-financial-buys-majority-stake-in-health-insurance-platform-sundhedsgruppen/ |access-date=2024-04-12 |language=en-GB}}</ref>

In August 2019, AnaCap sold its majority stake in German [[payment service provider]] heidelpay to the e-commerce industry Heidelpay to [[Kohlberg Kravis Roberts|KKR]] for more than €600 million,<ref>{{Cite web |title=KKR wins race to buy German payments group for €600m |url=https://www.ft.com/content/65a1b036-b698-11e9-8a88-aa6628ac896c |access-date=2024-03-24 |website=www.ft.com}}</ref><ref>{{Cite web |date=5 August 2019 |title=KKR to acquire majority stake in German fintech heidelpay from AnaCap |url=https://www.privateequitywire.co.uk/kkr-acquire-majority-stake-german-fintech-heidelpay-anacap/ |access-date=24 March 2024 |website=Private Equity Wire}}</ref> which it had acquired  in January 2017 with co-founder and existing management retaining a minority stake.<ref>{{Cite web |date=18 January 2017 |title=AnaCap to acquire German payments provider Heidelpay |url=https://www.fintechfutures.com/2017/01/anacap-to-acquire-german-payments-provider-heidelpay/ |access-date=24 March 2024 |website=Fintech Futures}}</ref>

In July 2020, AnaCap agreed to acquire Amber Financial Investments.<ref>{{Cite web |date=15 December 2020 |title=AnaCap signs third acquisition in the UK wealth management platform space with Novia Financial |url=https://www.finextra.com/pressarticle/85479/anacap-signs-third-acquisition-in-the-uk-wealth-management-platform-space-with-novia-financial |access-date=16 May 2024 |website=Finextra}}</ref> In December 2020, AnaCap acquired the British independent investment platform Novia Financial for an undisclosed sum.<ref>{{Cite web |title=Private equity firm scoops up Novia platform |url=https://www.ftadviser.com/investments/2020/12/15/private-equity-firm-scoops-up-novia-platform/ |access-date=2024-04-11 |website=www.ftadviser.com |language=en}}</ref><ref>{{Cite web |last=Pigden |first=Katey |date=2020-12-15 |title=Novia sells to private equity firm Anacap |url=https://www.moneymarketing.co.uk/news/novia-sells-to-private-equity-firm-anacap/ |access-date=2024-04-11 |website=Money Marketing |language=en}}</ref>

In November 2021, AnaCap bought a majority stake in fintus, a German [[software as a service]] [[Low-code development platform|low-code]] banking platform.<ref>{{Cite web |date=23 November 2021 |title=AnaCap invests in German FinTech fintus |url=https://www.privateequitywire.co.uk/anacap-invests-german-fintech-fintus/ |access-date=14 March 2021 |website=Private Equity Wire}}</ref><ref>{{Cite web |title=AnaCap invests in fintus, a provider of low-code software for the financial services sector |url=https://ibsintelligence.com/ibsi-news/anacap-invests-in-fintus-a-provider-of-low-code-software-for-the-financial-services-sector/ |access-date=2024-03-14 |website=IBS Intelligence |language=en-US}}</ref>

In May 2022, AnaCap, together with US investment banks [[Citigroup|City]] and [[Goldman Sachs]], invested $250 million into Jobandtalent, the Madrid based temporary job platform.<ref>{{Cite web |date=2022-05-05 |title=Boosting flexible wage payments, Jobandtalent gets $250-million debt facility from Citi, Goldman Sachs and AnaCap |url=https://tech.eu/2022/05/05/boosting-flexible-wage-payments-to-workers-jobandtalent-gets-250-million-debt-facility-from-citi-goldman-sachs-and-anacap/ |access-date=2024-03-08 |website=Tech.eu |language=en-GB}}</ref><ref>{{Cite web |title=AnaCap Financial Partners |url=https://www.cbinsights.com/investor/anacap-financial-partners |access-date=8 March 2024 |website=CB Insights}}</ref> In June 2022, AnaCap acquired the Spanish developer of niche health insurance products and services Further Underwriting International for $56 million.<ref>{{Cite web |title=AnaCap Financial Partners to acquire Further Underwriting International for $56m. |url=https://app.mergerlinks.com/transactions/2022-06-07-further-underwriting-international/service-providers |access-date=2024-03-08 |website=app.mergerlinks.com}}</ref><ref>{{Cite web |last=Walker |first=Alastair |date=2022-06-07 |title=Deals: AnaCap Invests in Further Underwriting International - |url=https://insurance-edge.net/2022/06/07/deals-anacap-invests-in-further-underwriting-international/ |access-date=2024-03-08 |website=insurance-edge.net |language=en-US}}</ref> In July 2022, AnaCap invested in pfs, a Spanish provider of software and technological risk lifecycle management services.<ref>{{Cite web |date=2022-07-06 |title=AnaCap backs Spanish fintech pfs |url=https://www.finextra.com/pressarticle/93261/anacap-backs-spanish-fintech-pfs |access-date=2024-03-10 |website=Finextra Research |language=en}}</ref><ref>{{Cite web |last=Walker |first=Alastair |date=2022-07-06 |title=AnaCap Takes a Stake in pfs Software - |url=https://insurance-edge.net/2022/07/06/anacap-takes-a-stake-in-pfs-software/ |access-date=2024-03-10 |website=insurance-edge.net |language=en-US}}</ref>


In June 2022, AnaCap acquired the Spanish developer of niche health insurance products and services Further Underwriting International for $56 million.<ref>{{Cite web |title=AnaCap Financial Partners to acquire Further Underwriting International for $56m. |url=https://app.mergerlinks.com/transactions/2022-06-07-further-underwriting-international/service-providers |access-date=2024-03-08 |website=app.mergerlinks.com}}</ref><ref>{{Cite web |last=Walker |first=Alastair |date=2022-06-07 |title=Deals: AnaCap Invests in Further Underwriting International - |url=https://insurance-edge.net/2022/06/07/deals-anacap-invests-in-further-underwriting-international/ |access-date=2024-03-08 |website=insurance-edge.net |language=en-US}}</ref>
In March 2023, AnaCap sold Danish Oona Health to Danish insurance firm Topdanmark for $321.25 million.<ref>{{Cite web |last=Mishra |first=Shivam |date=2023-03-17 |title=Denmark's Topdanmark to buy Oona Health for $321m |url=https://www.lifeinsuranceinternational.com/news/topdanmark-to-buy-oona-health/ |access-date=2024-04-18 |website=Life Insurance International |language=en-US}}</ref><ref>{{Cite web |title=AnaCap Financial Partners |url=https://www.cbinsights.com/investor/anacap-financial-partners |access-date=18 April 2024 |website=CBInsights}}</ref>


In July 2022, AnaCap invested in pfs, a Spanish provider of software and technological risk lifecycle management services.<ref>{{Cite web |date=2022-07-06 |title=AnaCap backs Spanish fintech pfs |url=https://www.finextra.com/pressarticle/93261/anacap-backs-spanish-fintech-pfs |access-date=2024-03-10 |website=Finextra Research |language=en}}</ref><ref>{{Cite web |last=Walker |first=Alastair |date=2022-07-06 |title=AnaCap Takes a Stake in pfs Software - |url=https://insurance-edge.net/2022/07/06/anacap-takes-a-stake-in-pfs-software/ |access-date=2024-03-10 |website=insurance-edge.net |language=en-US}}</ref> In November 2021, AnaCap bought a majority stake in fintus, a German [[software as a service]] [[Low-code development platform|low-code]] banking platform.<ref>{{Cite web |date=23 November 2021 |title=AnaCap invests in German FinTech fintus |url=https://www.privateequitywire.co.uk/anacap-invests-german-fintech-fintus/ |access-date=14 March 2021 |website=Private Equity Wire}}</ref><ref>{{Cite web |title=AnaCap invests in fintus, a provider of low-code software for the financial services sector |url=https://ibsintelligence.com/ibsi-news/anacap-invests-in-fintus-a-provider-of-low-code-software-for-the-financial-services-sector/ |access-date=2024-03-14 |website=IBS Intelligence |language=en-US}}</ref>
In April 2024, AnaCap agreed to acquire a majority stake in the real estate management consultancy Yard Reaas, based in Milan, Italy.<ref>{{Cite web |date=9 April 2024 |title=AnaCap to acquire majority stake in earl estate specialist Yard Reaas |url=https://www.privateequitywire.co.uk/anacap-to-acquire-majority-stake-in-earl-estate-specialist-yard-reaas/ |access-date=18 April 2024 |website=Private Equity Wire}}</ref><ref>{{Cite web |last=Joseph |first=Irien |date=2024-04-08 |title=AnaCap to take majority stake in Yard Reaas |url=https://www.pehubeurope.com/anacap-to-take-majority-stake-in-yard-reaas/ |access-date=2024-04-18 |website=PE Hub Europe |language=en-GB}}</ref>


==References==
==References==

Latest revision as of 17:20, 6 September 2024

AnaCap
Company typePrivate
IndustryPrivate Equity
Founded2005
HeadquartersLondon, England
Key people
Joe Giannamore, Nassim Cherchali, Tassilo Arnhold
ProductsLeveraged buyout, Growth capital
AUM$5.1 billion
Number of employees
<30
Websitewww.anacap.com

AnaCap Financial Partners ('AnaCap') is a London-based British private equity firm advising funds that invest in Software, Technology and Services within the European financial ecosystem.

History

[edit]

AnaCap was founded in 2005.[1] The firm launched its debut fund in 2006, when it raised €300 million and has since raised €2.7 billion across 4 private equity funds and various co-investment vehicles. AnaCap’s funds have attracted a global investor base including institutions such as Goldman Sachs and Allianz.[2][3]

The firm’s strategy is to invest in Software, Technology and Services within the European financial ecosystem.

In 2022, Anacap carved out of the credit business into an independent advisory firm called Veld Capital.[4]

Leadership

[edit]

Since January 2023, AnaCap has been led by group executive chairman Joe Giannamore and co-managing partners Nassim Cherchali and Tassilo Arnold.[5][6]

Investments

[edit]

In May 2019, Anacap acquired a majority stake in the Danish private health insurance platform SunhedsGruppen.[7][8]

In August 2019, AnaCap sold its majority stake in German payment service provider heidelpay to the e-commerce industry Heidelpay to KKR for more than €600 million,[9][10] which it had acquired  in January 2017 with co-founder and existing management retaining a minority stake.[11]

In July 2020, AnaCap agreed to acquire Amber Financial Investments.[12] In December 2020, AnaCap acquired the British independent investment platform Novia Financial for an undisclosed sum.[13][14]

In November 2021, AnaCap bought a majority stake in fintus, a German software as a service low-code banking platform.[15][16]

In May 2022, AnaCap, together with US investment banks City and Goldman Sachs, invested $250 million into Jobandtalent, the Madrid based temporary job platform.[17][18] In June 2022, AnaCap acquired the Spanish developer of niche health insurance products and services Further Underwriting International for $56 million.[19][20] In July 2022, AnaCap invested in pfs, a Spanish provider of software and technological risk lifecycle management services.[21][22]

In March 2023, AnaCap sold Danish Oona Health to Danish insurance firm Topdanmark for $321.25 million.[23][24]

In April 2024, AnaCap agreed to acquire a majority stake in the real estate management consultancy Yard Reaas, based in Milan, Italy.[25][26]

References

[edit]
  1. ^ "Company Overview of AnaCap Financial Partners LLP". Businessweek. Archived from the original on November 22, 2014.
  2. ^ "AnaCap seeks €900 min for Fund III". Reuters. 6 February 2014.
  3. ^ "AnaCap to acquire Czech bank". Private Equity Wire. 11 December 2009. Retrieved 1 March 2024.
  4. ^ "AnaCap's credit arm spints out to become Veld Capital". 3 October 2022.
  5. ^ Joseph, Irien (31 January 2023). "AnaCap elevates two to co-managing partner level". PE Hub Europe.
  6. ^ "Meet The AnaCap Team". Anacap. Retrieved 2024-03-08.
  7. ^ Sheehan, Matt (2019-05-22). "AnaCap takes majority stake in Danish health insurer SundhedsGruppen - Reinsurance News". ReinsuranceNe.ws. Retrieved 2024-04-12.
  8. ^ "AnaCap Financial buys majority stake in health insurance platform SundhedsGruppen". Retrieved 2024-04-12.
  9. ^ "KKR wins race to buy German payments group for €600m". www.ft.com. Retrieved 2024-03-24.
  10. ^ "KKR to acquire majority stake in German fintech heidelpay from AnaCap". Private Equity Wire. 5 August 2019. Retrieved 24 March 2024.
  11. ^ "AnaCap to acquire German payments provider Heidelpay". Fintech Futures. 18 January 2017. Retrieved 24 March 2024.
  12. ^ "AnaCap signs third acquisition in the UK wealth management platform space with Novia Financial". Finextra. 15 December 2020. Retrieved 16 May 2024.
  13. ^ "Private equity firm scoops up Novia platform". www.ftadviser.com. Retrieved 2024-04-11.
  14. ^ Pigden, Katey (2020-12-15). "Novia sells to private equity firm Anacap". Money Marketing. Retrieved 2024-04-11.
  15. ^ "AnaCap invests in German FinTech fintus". Private Equity Wire. 23 November 2021. Retrieved 14 March 2021.
  16. ^ "AnaCap invests in fintus, a provider of low-code software for the financial services sector". IBS Intelligence. Retrieved 2024-03-14.
  17. ^ "Boosting flexible wage payments, Jobandtalent gets $250-million debt facility from Citi, Goldman Sachs and AnaCap". Tech.eu. 2022-05-05. Retrieved 2024-03-08.
  18. ^ "AnaCap Financial Partners". CB Insights. Retrieved 8 March 2024.
  19. ^ "AnaCap Financial Partners to acquire Further Underwriting International for $56m". app.mergerlinks.com. Retrieved 2024-03-08.
  20. ^ Walker, Alastair (2022-06-07). "Deals: AnaCap Invests in Further Underwriting International -". insurance-edge.net. Retrieved 2024-03-08.
  21. ^ "AnaCap backs Spanish fintech pfs". Finextra Research. 2022-07-06. Retrieved 2024-03-10.
  22. ^ Walker, Alastair (2022-07-06). "AnaCap Takes a Stake in pfs Software -". insurance-edge.net. Retrieved 2024-03-10.
  23. ^ Mishra, Shivam (2023-03-17). "Denmark's Topdanmark to buy Oona Health for $321m". Life Insurance International. Retrieved 2024-04-18.
  24. ^ "AnaCap Financial Partners". CBInsights. Retrieved 18 April 2024.
  25. ^ "AnaCap to acquire majority stake in earl estate specialist Yard Reaas". Private Equity Wire. 9 April 2024. Retrieved 18 April 2024.
  26. ^ Joseph, Irien (2024-04-08). "AnaCap to take majority stake in Yard Reaas". PE Hub Europe. Retrieved 2024-04-18.