Astorg sees big opportunity in IP space, makes first US acquisition

Astorg, one of Europe’s leading private equity groups with over EUR8 billion of AUM, has made its first investment in the US with the acquisition of Anaqua, a global leader of intellectual property management solutions. Astorg sees significant opportunities in the IP space and by taking a controlling shareholder position in Anaqua, it replaces Insight Venture Partners and Bessemer Venture Partners.

Boston-headquartered Anaqua serves approximately 50 per cent of the top 25 US patent filers and 50 per cent of the top 25 global brands. Its IP platform is used by nearly one million IP executives, attorneys, paralegals, administrators, and innovators globally. 

“We’ve been looking closely at the IP market since 2016,” Michael Beetz, Director of Astorg, tells Private Equity Wire. “In our view, the software element within the IP market is the most attractive segment, in terms of growth profile, margin outlook etc. Within the software segment, we identified as Anaqua a leading global IPMS provider. 

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