Announced
Financials
Sources
Tags
Single Bidder
Pending
Acquisition
Software
software
United States
Private
Private Equity
Synopsis
Astorg made a significant investment in Anaqua, a provider of intellectual property management solutions. Financial terms were not disclosed. As a result of the transaction, Astorg will become the controlling shareholder of Anaqua, replacing Insight Venture Partners and Bessemer Venture Partners. The transaction will accelerate Anaqua’s global organic growth and acquisition strategy. This announcement follows the recent launch of AQX, Anaqua’s leading-edge software platform. With the integrated AQX platform, Anaqua’s customers can seamlessly access analytics and tech-enabled services to transform their IP assets into business success. “Astorg will be a great partner going forward and this strengthens Anaqua’s capacity to pursue strategic growth initiatives. This is a clear vote of confidence in Anaqua’s direction, products, services, people, and clients.” Bob Romeo, Anaqua CEO.
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