Warburg Pincus sells Ipan to Castik Capital
Summary
Max Fowinkel, Managing Director at Warburg Pincus International LLC, said: “We are proud of the transformative investments and significant growth that ipan has achieved during our ownership.Anton Bory, founder of ipan, said: “Warburg Pincus has been a great partner and has provided us with tremendous support on our growth initiatives such as our strong internationalization, the three acquisitions completed together and, most recently, the launch of ip-x-change.”To date, Warburg Pincus has announced investments of over $800m in 13 companies in Germany including ipan, 1&1 Internet, inexio, Blue Yonder, easycash and Domus Healthcare.The firm is headquartered in New York with offices in Amsterdam, Beijing, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore.In late 2017, ipan group announced it had acquired a significant minority stake in US-based IPfolio, the provider of next-generation IP management software.
