AnaCap, the specialist European financial services private equity firm, acquired the French unit of Barclays, a British multinational investment bank and financial services company. Financial terms were not disclosed. Nassim Cherchali, Director of AnaCap, commented: “We are delighted to have signed this agreement to acquire Barclays France, following an extensive consultation process. This is an extremely attractive platform with huge potential for growth, which benefits from a unique combination of distribution and manufacturing capabilities, a strong branch network and vastly experienced relationship managers across the country. We look forward to working with the management team to create the leading wealth manager for the affluent sector in France.”