Astorg, a prominent private equity firm, is on the verge of finalizing the sale of its U.S.-based intellectual property (IP) software company, Anaqua, to Nordic Capital for an estimated $2.5 billion. According to individuals familiar with the transaction, the deal is nearing completion, with an official announcement expected in the coming days, barring any unexpected delays.
The acquisition of Anaqua marks a significant move in the intellectual property management software sector, as Nordic Capital looks to expand its presence in this space. Anaqua is known for offering innovative software solutions to help companies manage their intellectual property portfolios, making it an attractive target for private equity investment.’
This sale comes after months of speculation and discussions, with Reuters having reported back in March that Astorg was considering parting ways with Anaqua. The deal is set to conclude a process that has been closely watched by market analysts and industry insiders alike, given the growing demand for IP management technologies across various industries.
Nordic Capital and Astorg Choose Not to Comment on Anaqua Sale
Anaqua, founded in 2004, is a prominent provider of intellectual property (IP) management software. Based in Boston, the company has a global reach with offices in the United States, Europe, and Asia. Anaqua offers innovative solutions designed to simplify the management of patents, trademarks, and contracts. These tools are used by a variety of industries, from law firms to large corporations, enabling businesses to efficiently protect and manage their intellectual property across different regions.
In 2023, Anaqua achieved an annual EBITDA (earnings before interest, tax, depreciation, and amortization) of approximately $80 million, as reported by Reuters. This financial performance highlights the company’s strong position within the intellectual property management sector.
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(Reporting by Emma-Victoria Farr, Editing by Louise Heavens)
