Astorg, a pan-European private equity firm, announces that it has entered into exclusive negotiations with Nordic Capital to sell its majority stake in Anaqua, a global SaaS platform for intellectual property management. Working closely with Anaqua’s management team, Astorg has supported the company’s continued strong growth over the past five years, contributing to its evolution into a global leader in IP management solutions.
Following the divestments of Audiotonix, Acturis and Normec earlier this year, this transaction will mark the fourth sale, in 2024, of a company owned by Astorg – bringing the total amount of divestments to €3.3 billion and generating a multiple on equity (MOIC) of more than 3 times – thus achieving a distribution rate of more than 35%.
The financial conditions of the transaction are not communicated. Final agreements will be concluded after information and consultation with staff representative bodies. The transaction will be subject to customary regulatory approvals and is expected to be completed by the first quarter of 2025.
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