AnaCap Financial Partners

AnaCap
Company typePrivate
IndustryPrivate Equity
Founded2005
HeadquartersLondon, England
Key people
Joe Giannamore, Nassim Cherchali, Tassilo Arnhold
ProductsLeveraged buyout, Growth capital
AUM$5.1 billion
Number of employees
<30
Websitewww.anacap.com

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

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. AnaCap focuses on supporting founders, entrepreuners and managers in the European lower mid-market.

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 August 2019, AnaCap sold its majority stake in German payment service provider to the e-commerce industry Heidelpay to KKR for more than €600 million,[7][8] which it had acquired  in January 2017 with co-founder and existing management retaining a minority stake.[9]

In May 2022, AnaCap, together with US investment banks City and Goldman Sachs, invested $250 million into Jobandtalent, the Madrid based temporary job platform.[10][11]

In June 2022, AnaCap acquired the Spanish developer of niche health insurance products and services Further Underwriting International for $56 million.[12][13]

In July 2022, AnaCap invested in pfs, a Spanish provider of software and technological risk lifecycle management services.[14][15] In November 2021, AnaCap bought a majority stake in fintus, a German software as a service low-code banking platform.[16][17]

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. ^ "KKR wins race to buy German payments group for €600m". www.ft.com. Retrieved 2024-03-24.
  8. ^ "KKR to acquire majority stake in German fintech heidelpay from AnaCap". Private Equity Wire. 5 August 2019. Retrieved 24 March 2024.
  9. ^ "AnaCap to acquire German payments provider Heidelpay". Fintech Futures. 18 January 2017. Retrieved 24 March 2024.
  10. ^ "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.
  11. ^ "AnaCap Financial Partners". CB Insights. Retrieved 8 March 2024.
  12. ^ "AnaCap Financial Partners to acquire Further Underwriting International for $56m". app.mergerlinks.com. Retrieved 2024-03-08.
  13. ^ Walker, Alastair (2022-06-07). "Deals: AnaCap Invests in Further Underwriting International -". insurance-edge.net. Retrieved 2024-03-08.
  14. ^ "AnaCap backs Spanish fintech pfs". Finextra Research. 2022-07-06. Retrieved 2024-03-10.
  15. ^ Walker, Alastair (2022-07-06). "AnaCap Takes a Stake in pfs Software -". insurance-edge.net. Retrieved 2024-03-10.
  16. ^ "AnaCap invests in German FinTech fintus". Private Equity Wire. 23 November 2021. Retrieved 14 March 2021.
  17. ^ "AnaCap invests in fintus, a provider of low-code software for the financial services sector". IBS Intelligence. Retrieved 2024-03-14.