Castik Capital completed the acquisition of a majority stake in IPAN and Delegate.

Castik Capital, private equity investment firm, completed the acquisition of a majority stake in IPAN, intellectual property management services and software provider, and Delegate, an administrative support services provider. Financial terms were not disclosed. “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.