Orrick, Herrington & Sutcliffe LLP
12/12/2024 | Press release | Distributed by Public on 12/12/2024 09:43
Aquiline Capital Partners Invests in Marosa
Aquiline Capital Partners Invests in Marosa
Aquiline Capital Partners LP, a private equity firm specializing in finance services and technology, has invested €12 million in Marosa 2024 S.L., a leading provider of VAT compliance and e-invoicing tech solutions.
Orrick represented Aquiline Capital Partners.
THE COMPANIES
Based in New York, London and Philadelphia, Aquiline Capital Partners is dedicated to financial services and tech. As of September 30, 2024, Aquiline has approximately $11.3 billion of assets under management and has deployed approximately $7 billion of capital across the firm's three strategies in private equity, venture and credit.
Marosa is a leading provider of fully integrated VAT compliance and e-invoicing technology solutions, serving enterprise and e-commerce clients across Europe.
Headquartered in Vigo, Spain, Marosa's flagship software, VATify, centralizes e-invoicing, VAT registration and reporting. It also automates communication with tax authorities, helping businesses stay ahead of regulatory changes and streamline their VAT compliance processes.
THE IMPACT
The investment - Marosa's first external capital raise - will help accelerate its growth strategy, expand compliance software and e-invoicing offerings, and support its global expansion.
It will enable Marosa to further accelerate product development, go-to-market approach and international expansion, while capitalizing on significant regulatory and market momentum across Europe.
"Aquiline has a strong track record of backing bootstrapped financial services and technology entrepreneurs," said Giovanni Nani, Principal at Aquiline.
"We are excited to partner with Marosa on its next phase of growth and support the team on its journey of becoming a pan-European VAT compliance and e-invoicing leader."
THE TEAM
Orrick's Shawn Atkinson led the team that advised Aquiline Capital Partners. The team included Attilio Mazzilli, Alexander Smith and Stephen Tallon.