Norton Rose Fulbright advises AnaCap on acquisition of Hamburg based POS-payment specialist StarTec

Global law firm Norton Rose Fulbright has advised AnaCap Financial Partners (AnaCap), Europe’s biggest specialised private equity investor firm in the financial services sector, on the acquisition of Hamburg-based StarTec Payment & Service GmbH (StarTec), a leading provider of solutions and services for cashless physical point-of-sale (POS) payment transactions. StarTec’s portfolio comprises high-tech POS terminals for payments by girocard, direct debit and credit cards as well as electronic voucher and loyalty reward systems for customers. With a market history of 12 years, StarTec serves more than 13,000 customers all over Germany.

With the acquisition of Startec, AnaCap is expanding its portfolio which includes the recently acquired payments institute Heidelberger Payment GmbH (Heidelpay) which will facilitate payment solutions for brick-and-mortar stores, seamlessly integrated into a single payment system.

The Norton Rose Fulbright team was led by Europe head of private equity Richard Bull and Munich corporate partner Frank Henkel. They were supported by their teams in London, Munich and Frankfurt.

Norton Rose Fulbright has advised AnaCap on a number of transactions across Europe in recent years, including its acquisition of Heidelpay and the sale of Simply Business (one of the leading online insurance distributors in the UK).

For further information please contact: 

Louise Nelson, Senior PR Manager
Tel: +44 (0)20 7444 5086; Mob: +44 (0)7909 684 893
louise.nelson@nortonrosefulbright.com

Notes for editors:

Norton Rose Fulbright
 
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