Latham Represents Astorg on Sale of Anaqua to Nordic Capital

Anaqua, a leading provider of innovation and intellectual property (IP) management technology solutions and services, has announced that Nordic Capital, an experienced private equity investor in technology and payments globally, has entered into exclusive negotiations to acquire a controlling interest in Anaqua from its existing shareholders led by Astorg. As part of this transaction, Nordic Capital would become the controlling shareholder of Anaqua, succeeding Astorg, who has been the primary investor in Anaqua since 2019, and has supported Anaqua’s strong and consistent growth over the past five years.

The cross-border Latham team representing Astorg in the sale is led by New York corporate partners David Beller and Leah Sauter, with associates Marc Klepner, Miles Gilhuly, Rebecca Pecora, and Emma Giusto; a UK team led by London partners Thomas Forschbach and Suneel Basson-Bhatoa, with associates Nick Fisher and Venice Ma; and a Paris team led by partner Alexander Crostwaithe, with associate Alexandre de Puysegur. Advice was also provided on US tax matters by New York partner Matthew Dewitz, with associate Fangyuan (Farrah) Yan; on UK tax matters by London counsel James Leslie; on benefits matters by Washington, D.C. partner Adam Kestenbaum and Houston counsel Krisa Benskin, with associate Christina Schrantz; on labor matters by Paris partner Matthias Rubner; on real estate matters by New York counsel Lisa Brabant, with associate Chika Onyejiukwa; on intellectual property matters by New York partner Jessica Cohen, with associates Gyehyun (Alan) Kim and Victoria Allen; on data privacy matters by Bay Area partner Robert Blamires, with associates Kathryn Parsons-Reponte and Alice Brunning; on antitrust matters by Washington, D.C. partner Amanda Reeves, New York partner Katherine Rocco, and Hamburg partner Jana Dammann de Chapto, with Brussels counsel Tomas Nilsson, Bay Area counsel Jason Daniels, and New York counsel Britton Davis, with associate Rebecca Frumento; on sanctions matters by Washington, D.C. partner Les Carnegie, Washington, D.C. counsel Andrew Galdes, London partner Robert Price, and Paris partner Fabrice Fages, with associates Amaryllis Bernitsa, Sara Castiglia, and Christopher Rydberg; on ABC matters by Washington, D.C. partner Joseph Bargnesi; on CFIUS matters by Washington, D.C. partner Les Carnegie and Washington, D.C. counsel Catherine Hein; on finance matters by New York partners Joshua Tinkelman and I. Seniz Yakut, and London partner Angel Quek, with associates Lewis Atherton, Lea Avsenik, and Alexander Law. Latham also represented Astorg in its significant equity investment in Anaqua in 2019, the private equity firm’s first investment in the US.