William Blair & Company, LLC served as financial advisor and Willkie Farr & Gallagher LLP served as legal advisor to Anaqua. Evercore Inc served as financial advisor and Latham & Watkins LLP served as legal counsel to Astorg.Īnaqua is a premium provider of integrated, end-to-end innovation and intellectual property (IP) management solutions, serving 50% of the top 25 U.S. The transaction is subject to customary regulatory approvals and closing conditions. “We wish the company and the management team well as they enter this next phase of scaling.” “Since our investment in 2013, we have enjoyed partnering with Anaqua to drive exceptional growth as the company has become a leader in the Intellectual Property industry,” said Richard Wells, Managing Director of Insight Venture Partners, Anaqua’s current controlling stakeholder. “Anaqua’s unique partnership with its clients combined with a clear vision to transform IP into business success will be a game-changer for the IP industry,” said Michael Beetz, Director of Astorg. “From our initial interactions with the Anaqua team, we recognized a unique ability to consistently deliver innovative market-leading, differentiated solutions,” said François de Mitry, Managing Partner of Astorg. “This is a clear vote of confidence in Anaqua’s direction, products, services, people, and clients.” “Astorg will be a great partner going forward and this strengthens Anaqua’s capacity to pursue strategic growth initiatives,” said Bob Romeo, CEO of Anaqua. With the integrated AQX platform, Anaqua’s customers can seamlessly access analytics and tech-enabled services to transform their IP assets into business success.Īstorg is exclusively focused on investing in global B2B niche market leaders with a clear vision and demonstrated ability to drive growth, create value and enjoy long-term relationships with their clients. This announcement follows the recent launch of AQX, Anaqua’s leading-edge software platform. We look forward to supporting management in their ambitious plan to further develop the company.”Ĭompletion of the transaction remains subject to customary clearance from relevant competition and regulatory authorities.The transaction will accelerate Anaqua’s global organic growth and acquisition strategy. Its advanced software solution and seamless integration across the IP lifecycle creates a superior user experience that is trusted by the most valuable global IP holders. Michael Beetz, Director at Astorg, added “Anaqua is the recognized global leader of Intellectual Property Management Software. We are delighted to join forces with an outstanding management team led by Bob.” This is a clear vote of confidence in Anaqua’s direction, products, services, people, and clients.”įrançois de Mitry, Partner at Astorg, commented “Anaqua has an impressive track record of delivering consistent growth and driving innovation in the industry. Since late 2015, Anaqua has accelerated the execution of its global growth strategy by acquiring and integrating talent, expertise, technology, and data through a number of acquisitions, including ideaPoint, AcclaimIP, and Lecorpio.īob Romeo, CEO of Anaqua, said “Astorg will be a great partner going forward and this strengthens Anaqua’s capacity to pursue strategic growth initiatives. The Company later acquired SGA2 to complement its core IP management software with patent annuity and trademark renewal payment services. It also marks Astorg’s first transaction in the United States and represents a milestone in the continued development of Astorg.Īnaqua was founded in 2004 to commercialize software developed by corporate IP practitioners from Ford and British American Tobacco, addressing a market need for IP enterprise software. The acquisition follows a longstanding dialogue with Anaqua as well as several years of research into the intellectual property services industry, where Astorg believes innovation will continue to drive growth and global consolidation.
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