AnaCap Financial Partners (AnaCap), a private equity firm focused on investments in across software, technology and services in the financial services sector, is to sell of Oona Health, a Danish private health services and insurance provider, to Topdanmark.
The exit comes three-and-a-half years after AnaCap’s initial investment in 2019 and is expected to generate a 4x money multiple and 40% IRR at closing.
Founded in 2012 and headquartered in Copenhagen, Denmark, Oona is a digitally enabled private health services and insurance provider, serving both corporate and SME companies, as well as private individuals, in Denmark and Sweden. Closing of the transaction is subject to regulatory approval.
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AnaCap is a market-leading partner for entrepreneurial management teams across the European financial, technology and related business services space.
Its focus is on lower mid-market buyouts, management buy-in or buy outs of businesses in need of capital, expertise and sophistication to execute organic and inorganic strategies.
Since 2005, the firm has raised €2.7 billion in gross AUM and completed more than 76 investments across 16 European jurisdictions.
Source: Private Equity Wire
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