Anaqua Receives Major Growth Equity Investment from Insight Venture Partners

Investment to enable significant expansion of Intellectual Property software and services business

Boston, July 17, 2013

Anaqua, a leading provider of intellectual asset management (IAM) services and SaaS software, and Insight Venture Partners, a leading global private equity firm, today announced that Insight will make a significant investment in Anaqua. The terms of the agreement, which include the buyout of Anaqua's existing investors, were not disclosed. As part of the transaction, Jeff Horing and Alex Crisses, Managing Directors at Insight, will join Anaqua's Board of Directors.

"This is a very exciting step for us" said Priya Iyer, Chairman and CEO of Anaqua. "Anaqua's growth has brought us to the point where it is time for a new phase of strategic expansion requiring new resources for accelerated market development in all geographies, as well as continued investment in products and new IP services. We will continue to serve our clients with the same team and same product and service offerings but with expanded resources for future growth."

Anaqua's software helps leading global companies grow and protect their intellectual property, including inventions, patents, trade secrets, brands and trademarks, and helps law firms improve their IP practices. Anaqua's SaaS-based platform enables companies to align their intellectual property with their business goals, prosecute and secure it; and create value through more efficient licensing. Companies are further able to pay IP maintenance in multiple global jurisdictions using Anaqua's payment services platform. More than 20,000 users in over 100 countries are using Anaqua to manage approximately $500 billion in intellectual assets; these include users from Microsoft, Ford, Kimberly-Clark, Eastman Chemical and The Coca-Cola Company.

"It is rare to find a company with Anaqua's combination of people, technology, financial profile and market growth opportunity," said Jeff Horing, Managing Director at Insight Venture Partners. "Our plan is to provide resources and expertise to help Anaqua achieve its full potential in the global Intellectual Property market."

"Priya and the Anaqua team have done an outstanding job of building the company to its current level of success," said Alex Crisses, also a Managing Director at Insight, which this year raised a $2.57 billion investment fund. "We look forward to working with them in the next phase of growth and opportunity."

As part of the transaction, Marks, Baughan & Co. and GTC Law Group CA LLP & Affiliates served as advisors to Anaqua. Goodwin Proctor LLP and Deloitte Transactions Services provided services to Insight Venture Partners.

About Anaqua

Anaqua is a premium provider of integrated, end-to-end innovation and intellectual property (IP) management solutions, serving 50% of the top 25 U.S. patent filers, 50% of the top 25 global brands, and a growing number of the most prestigious, forward-looking law firms. The company’s global operations are headquartered in Boston, with offices across Europe and Asia. Anaqua’s IP platform is used by nearly one million IP executives, attorneys, paralegals, administrators, and innovators globally. Its solution suite merges best practice workflows with big data analytics and tech-enabled services to create one intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations. Anaqua 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. The Company later acquired SGA2 (founded in 1994) to complement its core IP management software with patent annuity and trademark renewal payment services. Since late 2015, Anaqua has accelerated execution of its global growth strategy to acquire and integrate talent, expertise, technology, and data via five acquisitions, including ideaPoint, AcclaimIP, and Lecorpio. For additional information, please visit www.anaqua.com.

Press Contact

Amanda Hollis
Anaqua
Achim von Michel
WORDUP PR
Kyoko Tsurumi (鶴見恭子)
Anaqua