AnaCap Financial Partners
{{Multiple issues|
{{Notability|1=Companies|date=August 2024}}
{{Cleanup press release|1=article|date=August 2024}}
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{{Infobox company
| name = AnaCap Financial Partners
| logo =
| trade_name = AnaCap
| type = Private
| foundation = {{start date and age |2005 }}
| key_people = Nassim Cherchali
| location = London, England
| industry = Private Equity
| products = Leveraged buyout, Growth capital
| aum = $2.1 billion (2025)
| num_employees = <30
| num_employees_year = 2025
| homepage = {{url|http://www.anacap.com}}
}}
AnaCap Financial Partners (AnaCap) is a London-based British private equity fund manager that invests in software, technology and services within the European financial sector.
Since January 2023, AnaCap has been led by Managing Partner Nassim Cherchali.
History
AnaCap was founded in 2005.{{cite web|title=Company Overview of AnaCap Financial Partners LLP|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25841236|archive-url=https://web.archive.org/web/20141122182249/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=25841236|url-status=dead|archive-date=November 22, 2014|publisher=Businessweek}} The firm launched its debut fund in 2006, when it raised €300 million and has since raised €2.7 billion across 4 private equity funds and various co-investment vehicles. AnaCap’s funds have attracted global investors, including Goldman Sachs and Allianz.{{cite web|title=AnaCap seeks €900 min for Fund III|date=6 February 2014|url=http://www.pehub.com/2014/02/anacap-seeks-e900-mln-for-fund-iii/|publisher=Reuters}}{{Cite web |date=11 December 2009 |title=AnaCap to acquire Czech bank |url=https://www.privateequitywire.co.uk/anacap-acquire-czech-bank/ |access-date=1 March 2024 |website=Private Equity Wire}}
In 2022, Anacap carved out of the credit business into an independent advisory firm called Veld Capital.{{cite web|title=AnaCap's credit arm spints out to become Veld Capital|date=3 October 2022|url=https://www.altassets.net/market-news/firm-news/anacaps-credit-arm-spins-out-to-become-veld-capital.html}}
Notable investments
In May 2019, Anacap acquired a majority stake in the Danish private health insurance platform SunhedsGruppen.{{Cite web |last=Sheehan |first=Matt |date=2019-05-22 |title=AnaCap takes majority stake in Danish health insurer SundhedsGruppen - Reinsurance News |url=http://www.reinsurancene.ws/anacap-takes-majority-stake-in-danish-health-insurer-sundhedsgruppen/ |access-date=2024-04-12 |website=ReinsuranceNe.ws |language=en}}{{Cite web |title=AnaCap Financial buys majority stake in health insurance platform SundhedsGruppen |url=https://fintech.global/digitalinsurtechforum/anacap-financial-buys-majority-stake-in-health-insurance-platform-sundhedsgruppen/ |access-date=2024-04-12 |language=en-GB}}
In August 2019, AnaCap sold its majority stake in German payment service provider heidelpay to the e-commerce industry Heidelpay to KKR for more than €600 million,{{Cite web |title=KKR wins race to buy German payments group for €600m |url=https://www.ft.com/content/65a1b036-b698-11e9-8a88-aa6628ac896c |access-date=2024-03-24 |website=www.ft.com}}{{Cite web |date=5 August 2019 |title=KKR to acquire majority stake in German fintech heidelpay from AnaCap |url=https://www.privateequitywire.co.uk/kkr-acquire-majority-stake-german-fintech-heidelpay-anacap/ |access-date=24 March 2024 |website=Private Equity Wire}} which it had acquired in January 2017 with co-founder and existing management retaining a minority stake.{{Cite web |date=18 January 2017 |title=AnaCap to acquire German payments provider Heidelpay |url=https://www.fintechfutures.com/2017/01/anacap-to-acquire-german-payments-provider-heidelpay/ |access-date=24 March 2024 |website=Fintech Futures}}
In July 2020, AnaCap agreed to acquire Amber Financial Investments.{{Cite web |date=15 December 2020 |title=AnaCap signs third acquisition in the UK wealth management platform space with Novia Financial |url=https://www.finextra.com/pressarticle/85479/anacap-signs-third-acquisition-in-the-uk-wealth-management-platform-space-with-novia-financial |access-date=16 May 2024 |website=Finextra}} In December 2020, AnaCap acquired the British independent investment platform Novia Financial for an undisclosed sum.{{Cite web |title=Private equity firm scoops up Novia platform |url=https://www.ftadviser.com/investments/2020/12/15/private-equity-firm-scoops-up-novia-platform/ |access-date=2024-04-11 |website=www.ftadviser.com |language=en}}{{Cite web |last=Pigden |first=Katey |date=2020-12-15 |title=Novia sells to private equity firm Anacap |url=https://www.moneymarketing.co.uk/news/novia-sells-to-private-equity-firm-anacap/ |access-date=2024-04-11 |website=Money Marketing |language=en}}
In November 2021, AnaCap bought a majority stake in fintus, a German software as a service low-code banking platform.{{Cite web |date=23 November 2021 |title=AnaCap invests in German FinTech fintus |url=https://www.privateequitywire.co.uk/anacap-invests-german-fintech-fintus/ |access-date=14 March 2021 |website=Private Equity Wire}}{{Cite web |title=AnaCap invests in fintus, a provider of low-code software for the financial services sector |url=https://ibsintelligence.com/ibsi-news/anacap-invests-in-fintus-a-provider-of-low-code-software-for-the-financial-services-sector/ |access-date=2024-03-14 |website=IBS Intelligence |language=en-US}}
In May 2022, AnaCap, together with US investment banks City and Goldman Sachs, invested $250 million into Jobandtalent, the Madrid based temporary job platform.{{Cite web |date=2022-05-05 |title=Boosting flexible wage payments, Jobandtalent gets $250-million debt facility from Citi, Goldman Sachs and AnaCap |url=https://tech.eu/2022/05/05/boosting-flexible-wage-payments-to-workers-jobandtalent-gets-250-million-debt-facility-from-citi-goldman-sachs-and-anacap/ |access-date=2024-03-08 |website=Tech.eu |language=en-GB}}{{Cite web |title=AnaCap Financial Partners |url=https://www.cbinsights.com/investor/anacap-financial-partners |access-date=8 March 2024 |website=CB Insights}} In June 2022, AnaCap acquired the Spanish developer of niche health insurance products and services Further Underwriting International for $56 million.{{Cite web |title=AnaCap Financial Partners to acquire Further Underwriting International for $56m. |url=https://app.mergerlinks.com/transactions/2022-06-07-further-underwriting-international/service-providers |access-date=2024-03-08 |website=app.mergerlinks.com}}{{Cite web |last=Walker |first=Alastair |date=2022-06-07 |title=Deals: AnaCap Invests in Further Underwriting International - |url=https://insurance-edge.net/2022/06/07/deals-anacap-invests-in-further-underwriting-international/ |access-date=2024-03-08 |website=insurance-edge.net |language=en-US}} In July 2022, AnaCap invested in pfs, a Spanish provider of software and technological risk lifecycle management services.{{Cite web |date=2022-07-06 |title=AnaCap backs Spanish fintech pfs |url=https://www.finextra.com/pressarticle/93261/anacap-backs-spanish-fintech-pfs |access-date=2024-03-10 |website=Finextra Research |language=en}}{{Cite web |last=Walker |first=Alastair |date=2022-07-06 |title=AnaCap Takes a Stake in pfs Software - |url=https://insurance-edge.net/2022/07/06/anacap-takes-a-stake-in-pfs-software/ |access-date=2024-03-10 |website=insurance-edge.net |language=en-US}}
In March 2023, AnaCap sold Danish Oona Health to Danish insurance firm Topdanmark for $321.25 million.{{Cite web |last=Mishra |first=Shivam |date=2023-03-17 |title=Denmark's Topdanmark to buy Oona Health for $321m |url=https://www.lifeinsuranceinternational.com/news/topdanmark-to-buy-oona-health/ |access-date=2024-04-18 |website=Life Insurance International |language=en-US}}{{Cite web |title=AnaCap Financial Partners |url=https://www.cbinsights.com/investor/anacap-financial-partners |access-date=18 April 2024 |website=CBInsights}} In the same month, AnaCap sold a minority stake in the German commercial lines insurance broker MRH Trowe to TA Associates.{{Cite web |last= |date=2023-03-28 |title=Private Equity Investor AnaCap Sells Minority Stake in German Broker MRH Trowe |url=https://www.insurancejournal.com/news/international/2023/03/28/714093.htm |access-date=2025-03-20 |website=Insurance Journal |language=en-US}}{{Cite web |last=Mishra |first=Shivam |date=2023-03-28 |title=AnaCap sells stake in German broker MRH Trowe |url=https://www.lifeinsuranceinternational.com/news/anacap-sells-mrh-trowe-stake/ |access-date=2025-03-20 |website=Life Insurance International |language=en-US}}
In April 2024, AnaCap agreed to acquire a majority stake in the real estate management consultancy Yard Reaas, based in Milan, Italy.{{Cite web |date=9 April 2024 |title=AnaCap to acquire majority stake in earl estate specialist Yard Reaas |url=https://www.privateequitywire.co.uk/anacap-to-acquire-majority-stake-in-earl-estate-specialist-yard-reaas/ |access-date=18 April 2024 |website=Private Equity Wire}}{{Cite web |last=Joseph |first=Irien |date=2024-04-08 |title=AnaCap to take majority stake in Yard Reaas |url=https://www.pehubeurope.com/anacap-to-take-majority-stake-in-yard-reaas/ |access-date=2024-04-18 |website=PE Hub Europe |language=en-GB}} In July 2024, AnaCap acquired Cleva, a Paris based insurance software company, from Inetum Group for an undisclosed amount.{{Cite web |last= |date=2024-07-02 |title=AnaCap in Exclusivity Talks to Acquire Cleva |url=https://www.finsmes.com/2024/07/anacap-in-exclusivity-talks-to-acquire-cleva.html |access-date=2025-03-21 |website=FinSMEs |language=en-US}}{{Cite web |last=Mishra |first=Shivam |date=2024-07-03 |title=AnaCap in exclusive talks to buy insurance software company Cleva |url=https://www.lifeinsuranceinternational.com/news/anacap-to-buy-insurtech-cleva/ |access-date=2025-03-21 |website=Life Insurance International |language=en-US}}{{Cite web |date=2024-07-03 |title=AnaCap in exclusivity talks to acquire insuretech Cleva from Inetum - Private Equity Wire |url=https://www.privateequitywire.co.uk/anacap-in-exclusivity-talks-to-acquire-insuretech-cleva-from-inetum/ |access-date=2025-03-21 |language=en-GB}}