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
Notes for editors:
Norton Rose Fulbright
Norton Rose Fulbright is a global law firm providing the world’s preeminent corporations and financial institutions with a full business law service. The firm has more than 4,000 lawyers and other legal staff based in Europe, the United States, Canada, Latin America, Asia, Australia, Africa, the Middle East and Central Asia.
Recognized for its industry focus, Norton Rose Fulbright is strong across all the key industry sectors: financial institutions; energy; infrastructure, mining and commodities; transport; technology and innovation; and life sciences and healthcare. Through its global risk advisory group, the firm leverages its industry experience with its knowledge of legal, regulatory, compliance and governance issues to provide clients with practical solutions to the legal and regulatory risks facing their businesses.
Norton Rose Fulbright operates in accordance with its global business principles of quality, unity and integrity, aiming to provide the highest possible standard of legal service in each of its offices and to maintain that level of quality at every point of contact.
Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients. Norton Rose Fulbright has offices in more than 50 cities worldwide, including London, Houston, New York, Toronto, Mexico City, Hong Kong, Sydney and Johannesburg. For more information, see nortonrosefulbright.com/legal-notices