Anaqua, the IP platform used by lawyers across the US and Europe, has announced that Nordic Capital, a private equity investor, ‘has entered into exclusive negotiations to acquire a controlling interest [in Anaqua] from its existing shareholders’. The transaction is anticipated to close by Q1 2025.
‘Over two million IP executives, lawyers, paralegals, administrators and innovators use the platform for their IP management,’ they said. The company is headquartered in Boston, with additional offices elsewhere in the US, as well as Europe, Asia, and Australia, Anaqua explained.
As part of the transaction, Nordic Capital would become the controlling shareholder of Anaqua, succeeding Astorg, which has been the primary investor in Anaqua since 2019, and has supported its growth over the past five years.
Bob Romeo, CEO at Anaqua, said: ‘Nordic Capital shares our vision of a software-led IP management platform, making them the ideal partner for our next phase of growth. Their deep sector experience, successful history of investing in software companies and vast global network would help us continue to transform the IP management industry.’
‘Nordic Capital would enable us to accelerate our global expansion, enhance our technology-driven solutions and drive operational excellence, all of which would be for the ultimate benefit of our clients,’ added Justin Crotty, COO at Anaqua.
Fredrik Näslund, Partner and Head of Technology & Payments, at Nordic Capital Advisors, concluded: ‘We look forward to supporting Anaqua in its next phase of growth, helping them to expand their global footprint further and establishing the leading IP management platform for innovation-driven industries.’
Source link
#Nordic #Capital #Buy #Platform #Anaqua #Artificial #Lawyer
