AnaCap Financial Partners

From Wikipedia, the free encyclopedia
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 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. AnaCap focuses on supporting founders, entrepreuners and managers in the European lower mid-market.

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 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 December 2020, AnaCap acquired the British independent investment platform Novia Financial for an undisclosed sum.[12][13]

In May 2022, AnaCap, together with US investment banks City and Goldman Sachs, invested $250 million into Jobandtalent, the Madrid based temporary job platform.[14][15]

In June 2022, AnaCap acquired the Spanish developer of niche health insurance products and services Further Underwriting International for $56 million.[16][17]

In July 2022, AnaCap invested in pfs, a Spanish provider of software and technological risk lifecycle management services.[18][19] In November 2021, AnaCap bought a majority stake in fintus, a German software as a service low-code banking platform.[20][21]

In March 2023, AnaCap sold Danish Oona Health to Danish insurance firm Topdanmark for $321.25 million.[22][23]

In April 2024, AnaCap agreed to acquire a majority stake in the real estate management consultancy Yard Reaas, based in Milan, Italy.[24][25]

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. ^ "Private equity firm scoops up Novia platform". www.ftadviser.com. Retrieved 2024-04-11.
  13. ^ Pigden, Katey (2020-12-15). "Novia sells to private equity firm Anacap". Money Marketing. Retrieved 2024-04-11.
  14. ^ "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.
  15. ^ "AnaCap Financial Partners". CB Insights. Retrieved 8 March 2024.
  16. ^ "AnaCap Financial Partners to acquire Further Underwriting International for $56m". app.mergerlinks.com. Retrieved 2024-03-08.
  17. ^ Walker, Alastair (2022-06-07). "Deals: AnaCap Invests in Further Underwriting International -". insurance-edge.net. Retrieved 2024-03-08.
  18. ^ "AnaCap backs Spanish fintech pfs". Finextra Research. 2022-07-06. Retrieved 2024-03-10.
  19. ^ Walker, Alastair (2022-07-06). "AnaCap Takes a Stake in pfs Software -". insurance-edge.net. Retrieved 2024-03-10.
  20. ^ "AnaCap invests in German FinTech fintus". Private Equity Wire. 23 November 2021. Retrieved 14 March 2021.
  21. ^ "AnaCap invests in fintus, a provider of low-code software for the financial services sector". IBS Intelligence. Retrieved 2024-03-14.
  22. ^ Mishra, Shivam (2023-03-17). "Denmark's Topdanmark to buy Oona Health for $321m". Life Insurance International. Retrieved 2024-04-18.
  23. ^ "AnaCap Financial Partners". CBInsights. Retrieved 18 April 2024.
  24. ^ "AnaCap to acquire majority stake in earl estate specialist Yard Reaas". Private Equity Wire. 9 April 2024. Retrieved 18 April 2024.
  25. ^ Joseph, Irien (2024-04-08). "AnaCap to take majority stake in Yard Reaas". PE Hub Europe. Retrieved 2024-04-18.