We have advised AnaCap Financial Partners on the sale of Ellisphere, a highly successful French business intelligence company that specialises in data and analytics, to a consortium of investors including Andera Partners, Tikehau Capital, and BPI France.
A market-leader in the French business intelligence market, Ellisphere collects and processes data to provide high-quality, tailored solutions to support clients’ decision-making processes. It offers a comprehensive range of business and marketing information services that allow its clients to develop their customer portfolios, manage risk, and monitor client exposure.
We advised AnaCap Financial Partners in the initial acquisition of Ellisphere and, then two years later, acted as an exclusive adviser to AnaCap Financial Partners in an auction process, leading to the selection of a consortium of investors including Andera Partners, Tikehau Capital, and BPIfrance.
The company is headquartered in Nanterre and employs more than 300 staff across eight locations in France, servicing a diversified base of c.6,500 clients, with c.35,000 daily users.
AnaCap Financial Partners acquired the business in 2017 from the French bank, Natixis, supported by Clearwater as a buy-side adviser, backing a strong management team led by Valerie Attia, with the aim of expanding its core offerings towards large corporates with new products, including market-leading compliance solutions.
This exit process, organised by Clearwater, comes after just 2 years since AnaCap’s initial investment and enables the funds to generate a 2.6x money multiple and 52% IRR for the firm.
