AnaCap Financial Partners

Last updated
AnaCap
Company type Private
Industry Private Equity
Founded2005
Headquarters London, England
Key people
Joe Giannamore, Nassim Cherchali, Tassilo Arnhold
Products Leveraged buyout, Growth capital
AUM $5.1 billion
Number of employees
<30
Website www.anacap.com

AnaCap Financial Partners ('AnaCap') is a London-based British private equity firm advising funds that invest in Software, Technology and Services within the European financial ecosystem.

Contents

History

AnaCap was founded in 2005. [1] The firm launched its debut fund in 2006, when it raised €300 million and has since raised €2.7 billion across 4 private equity funds and various co-investment vehicles. AnaCap’s funds have attracted a global investor base including institutions such as Goldman Sachs and Allianz. [2] [3]

The firm’s strategy is to invest in Software, Technology and Services within the European financial ecosystem.

In 2022, Anacap carved out of the credit business into an independent advisory firm called Veld Capital. [4]

Leadership

Since January 2023, AnaCap has been led by group executive chairman Joe Giannamore and co-managing partners Nassim Cherchali and Tassilo Arnold. [5] [6]

Investments

In May 2019, Anacap acquired a majority stake in the Danish private health insurance platform SunhedsGruppen. [7] [8]

In August 2019, AnaCap sold its majority stake in German payment service provider heidelpay to the e-commerce industry Heidelpay to KKR for more than €600 million, [9] [10] which it had acquired  in January 2017 with co-founder and existing management retaining a minority stake. [11]

In July 2020, AnaCap agreed to acquire Amber Financial Investments. [12] In December 2020, AnaCap acquired the British independent investment platform Novia Financial for an undisclosed sum. [13] [14]

In November 2021, AnaCap bought a majority stake in fintus, a German software as a service low-code banking platform. [15] [16]

In May 2022, AnaCap, together with US investment banks City and Goldman Sachs, invested $250 million into Jobandtalent, the Madrid based temporary job platform. [17] [18] In June 2022, AnaCap acquired the Spanish developer of niche health insurance products and services Further Underwriting International for $56 million. [19] [20] In July 2022, AnaCap invested in pfs, a Spanish provider of software and technological risk lifecycle management services. [21] [22]

In March 2023, AnaCap sold Danish Oona Health to Danish insurance firm Topdanmark for $321.25 million. [23] [24]

In April 2024, AnaCap agreed to acquire a majority stake in the real estate management consultancy Yard Reaas, based in Milan, Italy. [25] [26]

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References

  1. ↑ "Company Overview of AnaCap Financial Partners LLP". Businessweek. Archived from the original on November 22, 2014.
  2. ↑ "AnaCap seeks €900 min for Fund III". Reuters. 6 February 2014.
  3. ↑ "AnaCap to acquire Czech bank". Private Equity Wire. 11 December 2009. Retrieved 1 March 2024.
  4. ↑ "AnaCap's credit arm spints out to become Veld Capital". 3 October 2022.
  5. ↑ Joseph, Irien (31 January 2023). "AnaCap elevates two to co-managing partner level". PE Hub Europe.
  6. ↑ "Meet The AnaCap Team". Anacap. Retrieved 2024-03-08.
  7. ↑ Sheehan, Matt (2019-05-22). "AnaCap takes majority stake in Danish health insurer SundhedsGruppen - Reinsurance News". ReinsuranceNe.ws. Retrieved 2024-04-12.
  8. ↑ "AnaCap Financial buys majority stake in health insurance platform SundhedsGruppen" . Retrieved 2024-04-12.
  9. ↑ "KKR wins race to buy German payments group for €600m". www.ft.com. Retrieved 2024-03-24.
  10. ↑ "KKR to acquire majority stake in German fintech heidelpay from AnaCap". Private Equity Wire. 5 August 2019. Retrieved 24 March 2024.
  11. ↑ "AnaCap to acquire German payments provider Heidelpay". Fintech Futures. 18 January 2017. Retrieved 24 March 2024.
  12. ↑ "AnaCap signs third acquisition in the UK wealth management platform space with Novia Financial". Finextra. 15 December 2020. Retrieved 16 May 2024.
  13. ↑ "Private equity firm scoops up Novia platform". www.ftadviser.com. Retrieved 2024-04-11.
  14. ↑ Pigden, Katey (2020-12-15). "Novia sells to private equity firm Anacap". Money Marketing. Retrieved 2024-04-11.
  15. ↑ "AnaCap invests in German FinTech fintus". Private Equity Wire. 23 November 2021. Retrieved 14 March 2021.
  16. ↑ "AnaCap invests in fintus, a provider of low-code software for the financial services sector". IBS Intelligence. Retrieved 2024-03-14.
  17. ↑ "Boosting flexible wage payments, Jobandtalent gets $250-million debt facility from Citi, Goldman Sachs and AnaCap". Tech.eu. 2022-05-05. Retrieved 2024-03-08.
  18. ↑ "AnaCap Financial Partners". CB Insights. Retrieved 8 March 2024.
  19. ↑ "AnaCap Financial Partners to acquire Further Underwriting International for $56m". app.mergerlinks.com. Retrieved 2024-03-08.
  20. ↑ Walker, Alastair (2022-06-07). "Deals: AnaCap Invests in Further Underwriting International -". insurance-edge.net. Retrieved 2024-03-08.
  21. ↑ "AnaCap backs Spanish fintech pfs". Finextra Research. 2022-07-06. Retrieved 2024-03-10.
  22. ↑ Walker, Alastair (2022-07-06). "AnaCap Takes a Stake in pfs Software -". insurance-edge.net. Retrieved 2024-03-10.
  23. ↑ Mishra, Shivam (2023-03-17). "Denmark's Topdanmark to buy Oona Health for $321m". Life Insurance International. Retrieved 2024-04-18.
  24. ↑ "AnaCap Financial Partners". CBInsights. Retrieved 18 April 2024.
  25. ↑ "AnaCap to acquire majority stake in earl estate specialist Yard Reaas". Private Equity Wire. 9 April 2024. Retrieved 18 April 2024.
  26. ↑ Joseph, Irien (2024-04-08). "AnaCap to take majority stake in Yard Reaas". PE Hub Europe. Retrieved 2024-04-18.
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