Leonard Green & Partners-backed CPA Global to acquire IPAN from Castik Capital.

Leonard Green & Partners-backed CPA Global, which provides general, legal, and intellectual property support services, agreed to acquire IPAN, a Germany-based provider of intellectual property annuity renewal services., from Castik Capital. Financial terms were not disclosed. "We have admired ipan/Delegate Group’s ability to deliver world-class technology and outstanding customer support and we strongly believe that, as a result, ipan/Delegate Group’s technology, products and geographical customer capabilities complement CPA Global’s extremely well. This represents an exciting opportunity to provide an end to end service offering and enhanced value proposition, that both businesses deliver to their customers today," Simon Webster, CPA Global CEO.