LONDON, July 5, 2022 – Proskauer, a leading international law firm, today announced that it has advised AnaCap Financial Partners (“AnaCap”) on the acquisition of Nets’ digital invoice distribution and bill payment solutions business, EDIGard.
Headquartered in Norway, EDIGard is a pan-Nordic digital invoice distribution platform and bill payment solutions business operating across Sweden, Denmark, Finland, UK and Germany.
This is the latest in a long line of transactions representing AnaCap, including advising on its majority growth investment into German fintech business fintus GmbH; its majority investment in WebID Solutions, a fintech company providing leading digital identification solutions to blue-chip German corporate and financial institutions; and its investment into MRH Trowe, a highly successful insurance broker in Germany.
The Proskauer team was led by partner Richard Bull and included associates Jacky Ball, Jack Gladman and Brad Mycock (M&A).
We are 800+ lawyers serving clients from 12 offices located in the leading financial and business centers in the Americas, Europe and Asia. Proskauer offers a full suite of services for the investment management industry, with a market-leading global team dedicated solely to advising private equity, hedge funds, other asset managers, investment funds, financial institutions and institutional investors across all asset classes. The cross border team of over 180 lawyers is based in the U.S., UK, Asia and Latin America and includes specialists in tax, ERISA, regulation, capital markets, employment, insurance, fund finance, litigation and risk management who understand the unique technical and commercial issues relevant to investment managers.
Proskauer has one of the premier global mergers and acquisitions practices. Over the past two years, we have advised on over 200 M&A transactions with an aggregate value of over $165 billion. Last year, the Firm has advised on some of the most complex M&A transactions across a range of industries. Recent representations include advising long-time client Stamps.com in its $6.6 billion acquisition by leading software investment firm, Thoma Bravo; representing Accor in connection with its exclusive negotiations with Ennismore to form the world’s leading lifestyle operator in the hospitality sector; and counseling Grifols and its affiliate Biomat in a $1 billion investment by the Singaporean Sovereign Wealth Fund GIC.