AnaCap Financial Partners explained

AnaCap
Type:Private
Foundation:2005
Key People:Joe Giannamore, Nassim Cherchali, Tassilo Arnhold
Location:London, England
Industry:Private Equity
Products:Leveraged buyout, Growth capital
Aum:$5.1 billion
Num Employees:<30

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.

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]

Notes and References

  1. Web site: Company Overview of AnaCap Financial Partners LLP. https://web.archive.org/web/20141122182249/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25841236. dead. November 22, 2014. Businessweek.
  2. Web site: AnaCap seeks €900 min for Fund III. 6 February 2014. Reuters.
  3. Web site: 11 December 2009 . AnaCap to acquire Czech bank . 1 March 2024 . Private Equity Wire.
  4. Web site: AnaCap's credit arm spints out to become Veld Capital. 3 October 2022.
  5. Web site: AnaCap elevates two to co-managing partner level. 31 January 2023. Joseph. Irien. PE Hub Europe.
  6. Web site: Meet The AnaCap Team . 2024-03-08 . Anacap . en-GB.
  7. Web site: Sheehan . Matt . 2019-05-22 . AnaCap takes majority stake in Danish health insurer SundhedsGruppen - Reinsurance News . 2024-04-12 . ReinsuranceNe.ws . en.
  8. Web site: AnaCap Financial buys majority stake in health insurance platform SundhedsGruppen . 2024-04-12 . en-GB.
  9. Web site: KKR wins race to buy German payments group for €600m . 2024-03-24 . www.ft.com.
  10. Web site: 5 August 2019 . KKR to acquire majority stake in German fintech heidelpay from AnaCap . 24 March 2024 . Private Equity Wire.
  11. Web site: 18 January 2017 . AnaCap to acquire German payments provider Heidelpay . 24 March 2024 . Fintech Futures.
  12. Web site: 15 December 2020 . AnaCap signs third acquisition in the UK wealth management platform space with Novia Financial . 16 May 2024 . Finextra.
  13. Web site: Private equity firm scoops up Novia platform . 2024-04-11 . www.ftadviser.com . en.
  14. Web site: Pigden . Katey . 2020-12-15 . Novia sells to private equity firm Anacap . 2024-04-11 . Money Marketing . en.
  15. Web site: 23 November 2021 . AnaCap invests in German FinTech fintus . 14 March 2021 . Private Equity Wire.
  16. Web site: AnaCap invests in fintus, a provider of low-code software for the financial services sector . 2024-03-14 . IBS Intelligence . en-US.
  17. Web site: 2022-05-05 . Boosting flexible wage payments, Jobandtalent gets $250-million debt facility from Citi, Goldman Sachs and AnaCap . 2024-03-08 . Tech.eu . en-GB.
  18. Web site: AnaCap Financial Partners . 8 March 2024 . CB Insights.
  19. Web site: AnaCap Financial Partners to acquire Further Underwriting International for $56m. . 2024-03-08 . app.mergerlinks.com.
  20. Web site: Walker . Alastair . 2022-06-07 . Deals: AnaCap Invests in Further Underwriting International - . 2024-03-08 . insurance-edge.net . en-US.
  21. Web site: 2022-07-06 . AnaCap backs Spanish fintech pfs . 2024-03-10 . Finextra Research . en.
  22. Web site: Walker . Alastair . 2022-07-06 . AnaCap Takes a Stake in pfs Software - . 2024-03-10 . insurance-edge.net . en-US.
  23. Web site: Mishra . Shivam . 2023-03-17 . Denmark’s Topdanmark to buy Oona Health for $321m . 2024-04-18 . Life Insurance International . en-US.
  24. Web site: AnaCap Financial Partners . 18 April 2024 . CBInsights.
  25. Web site: 9 April 2024 . AnaCap to acquire majority stake in earl estate specialist Yard Reaas . 18 April 2024 . Private Equity Wire.
  26. Web site: Joseph . Irien . 2024-04-08 . AnaCap to take majority stake in Yard Reaas . 2024-04-18 . PE Hub Europe . en-GB.

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