![]() We look forward to supporting management in their ambitious plan to further develop the company.”Ĭompletion of the transaction remains subject to customary clearance from relevant competition and regulatory authorities. Its advanced software solution and seamless integration across the IP lifecycle creates a superior user experience that is trusted by the most valuable global IP holders. Michael Beetz, Director at Astorg, added “Anaqua is the recognized global leader of Intellectual Property Management Software. We are delighted to join forces with an outstanding management team led by Bob.” This is a clear vote of confidence in Anaqua’s direction, products, services, people, and clients.”įrançois de Mitry, Partner at Astorg, commented “Anaqua has an impressive track record of delivering consistent growth and driving innovation in the industry. ![]() Anaqua has been acquired by Insight Venture. Since late 2015, Anaqua has accelerated the execution of its global growth strategy by acquiring and integrating talent, expertise, technology, and data through a number of acquisitions, including ideaPoint, AcclaimIP, and Lecorpio.īob Romeo, CEO of Anaqua, said “Astorg will be a great partner going forward and this strengthens Anaqua’s capacity to pursue strategic growth initiatives. Advises Anaqua, a Beacon Equity Partners Portfolio Company, on its Sale to Insight Venture Partners. The Company later acquired SGA2 to complement its core IP management software with patent annuity and trademark renewal payment services. It also marks Astorg’s first transaction in the United States and represents a milestone in the continued development of Astorg.Īnaqua was founded in 2004 to commercialize software developed by corporate IP practitioners from Ford and British American Tobacco, addressing a market need for IP enterprise software. We dedicate resources and time to advise executive teams, accelerating their ability to sell to new customers, capture opportunity, and realize value.The acquisition follows a longstanding dialogue with Anaqua as well as several years of research into the intellectual property services industry, where Astorg believes innovation will continue to drive growth and global consolidation. The transaction will accelerate Anaqua’s global organic growth and acquisition strategy. Our growth operators help companies build all core capabilities from product to talent. As part of this transaction, Astorg will become the controlling shareholder of Anaqua, replacing Insight Venture Partners and Bessemer Venture Partners, both of which have been investors since 2013. Insight Onsite is the ballast of this commitment. We’re usually a CEO’s first call, and we like that. Our practitioners geek out over SaaS pattern recognition, building product, executing, and iterating. With over 25 years of operating and investing in software, we know what it takes to build a successful business. Our scale provides companies with a platform to win in M&A and organic growth. Anaqua’s software platform is intended to help large companies keep track of and protect their IP assets from infringement. Jeff Horing and Alex Crisses, both managing directors at Insight, will take seats on the company’s board. Our market reach gives executive teams access to networks, customers, resources, data, acquisition targets, and counsel. Those investors weren’t named, but the firm took a 4 million investment in 2006 from Northstar Global Partners. Insight Partners has invested in more than 600 companies worldwide and has seen over 55 portfolio companies achieve an IPO. As of February 24, 2022, the closing of the firm’s recent fundraise, Fund XII, brings Insight Partners regulatory assets under management to over $90B. We’ve accumulated the knowledge to understand the strategies needed to win. We recognize industry patterns, emerging tech markets and software trends. ![]() Our obsession with software has produced a habit of success. Insight accelerates revenue and profit in software companies. ![]()
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