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Anaqua secures growth equity investment from Insight Venture Partners

Private equity firm Insight Venture Partners is to make a significant investment in Anaqua, a provider of intellectual asset management (IAM) services and SaaS software.

 
The terms of the agreement, which include the buyout of Anaqua’s existing investors, have not been disclosed.
 
As part of the transaction, Jeff Horing and Alex Crisses, managing directors at Insight, will join Anaqua’s board of directors.
 
"This is a very exciting step for us," says Priya Iyer, chairman and chief executive of Anaqua. "Anaqua’s growth has brought us to the point where it is time for a new phase of strategic expansion requiring new resources for accelerated market development in all geographies, as well as continued investment in products and new IP services. We will continue to serve our clients with the same team and same product and service offerings but with expanded resources for future growth."
 
Anaqua’s software helps companies grow and protect their intellectual property, including inventions, patents, trade secrets, brands and trademarks, and helps law firms improve their IP practices. Anaqua’s SaaS-based platform enables companies to align their intellectual property with their business goals, prosecute and secure it; and create value through more efficient licensing. Companies are further able to pay IP maintenance in multiple global jurisdictions using Anaqua’s payment services platform. More than 20,000 users in over 100 countries are using Anaqua to manage approximately USD500bn in intellectual assets; these include users from Microsoft, Ford, Kimberly-Clark, Eastman Chemical and The Coca-Cola Company.
 
"It is rare to find a company with Anaqua’s combination of people, technology, financial profile and market growth opportunity," says Horing. "Our plan is to provide resources and expertise to help Anaqua achieve its full potential in the global Intellectual Property market.”
 
As part of the transaction, Marks Baughan and GTC Law Group served as advisors to Anaqua. Goodwin Proctor and Deloitte Transactions Services provided services to Insight Venture Partners.

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