Castik Capital acquired IPAN Service GmbH and Valipat S.A. Ipan was founded in 2004 by former CPA Head of Germany Anton Bory and is headquartered in Munich. The company offers services and software in the IP management space, working with agents in all geographies to offer global coverage. Delegate is an administrative support service provider for IP law firms and corporate IP departments with in-house IP attorneys. Delegate was formed by the merger of ENVOY International Limited and Valipat S.A. in 2016 and is headquartered in Belgium. Founded in 2014, Castik is a private equity firm investing €1 billion of equity capital in a small number of defensible, cash-generative growth companies in Western and Central Europe, with a specific focus on Germany, the UK, the Netherlands, Belgium, France, Switzerland, Austria, and Italy. “Castik Capital is excited by this opportunity of acquiring two great companies in the growing IP management services and software market, thereby creating an ideal platform for continued organic growth that will enable both companies to develop and enhance their high-quality suite of products and services.” said Michael Phillips, Investment Partner at Castik Capital.