Norton Rose Fulbright advises AnaCap Financial Partners on investment in SaaS FinTech company fintus
Germany | Press release - Business | November 2021
Global law firm Norton Rose Fulbright has advised AnaCap Financial Partners (AnaCap) on an investment in German FinTech company fintus, a provider of low-code software for the financial services sector.
AnaCap, a leading mid-market European private equity investor in technology-enabled financial services, will provide significant growth capital, financial sector and technology expertise, and operational support. The aim is to continue fintus' ambitious growth strategy by expanding its low-code banking platform (fintus Suite) across Europe.
Fintus was founded in Frankfurt in 2017 and has since positioned itself as one of Germany's leading software-as-a-service (SaaS) providers for the automation and digitalization of the financial services sector.
Frank Henkel Partner and European Co-Head of Private Equity at Norton Rose Fulbright, commented: “The transaction is another milestone on the growth path of the private equity platform of Norton Rose Fulbright in Germany. The team had already advised AnaCap on its successful investment in payment service provider Heidelpay (now: Unzer), including further acquisitions, and more recently on its investment in MRH Trowe, one of Germany's ten largest industrial brokers, and on its very recent acquisition of a majority stake in WebID Solutions GmbH, a leading German provider of digital identity verification”.
The Norton Rose Fulbright team was led by European Co-Head of Private Equity Frank Henkel (Munich). He was supported by partners Dr. Tim Schaper (Merger Control/FDI/Hamburg), Dr. Christoph Ritzer (IT/Data Protection/Frankfurt) and Michael Jürgen Werner (Competition Law, Brussels). The team also comprised counsels Markus Müller (IT/Data Protection/Munich) and Claudia Posluschny (Labor Law/Munich), senior associate Tiffany Zilliox (IP/Munich) as well as associates Christina Wiesel (Labor Law/Munich) Johannes Diez, Alexander Mathes, Dr. Alexander Weigand (all M&A/Private Equity/Munich), Benjamin Riehm (Competition Law, Brussels) and transaction specialist Tobias Grans.