Anaqua, a leading provider of innovation and intellectual property management services and technologies, announced that Bob Romeo will retire effective April 1, 2025 , and Justin P. Crotty will succeed him as Chief Executive Officer. Bob, who has led the company for the past decade, will continue to drive Anaqua’s growth as an investor and member of the company’s Board of Directors.
Justin P. Crotty joined Anaqua in 2016 as CFO and was appointed COO in 2018, a position he currently holds. During his tenure, he oversaw critical functions such as hosting and commercial operations. He also successfully led and integrated ten acquisitions that established Anaqua as the integrated platform of choice for its clients. In addition to his operational responsibilities, he will continue to serve on the Board of Directors under new owners Nordic Capital. He is also active as an executive sponsor to clients and prospects, and is a board member of the Copyright Clearance Center, the world’s largest non-profit copyright licensing collective services organization.
Prior to joining Anaqua, Mr. Crotty was a partner at management consulting firm Oliver Wyman , where he advised private equity funds and corporations on growth and M&A initiatives involving software, information and services businesses. He also held senior positions in private equity, investment banking and corporate development in the United States, Europe and Asia.
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Mr. Crotty said of his appointment: “It is an honor to lead Anaqua in partnership with our incredible management team, employees and customers. Anaqua has thrived under Bob’s leadership, and we look forward to our next phase of growth with our new owners, Nordic Capital. With Nordic Capital’s support, we will further enhance our technology solutions, accelerate our global presence, and improve operational excellence, all in the best interest of our customers.”
Bob Romeo added, “I am proud and honored to have served Anaqua for the past decade. Anaqua is a fantastic company with the best customers, the most talented employees in the industry and a very bright future. I have had the privilege of working alongside Justin on a daily basis for nearly a decade. His knowledge of the business, commitment to customers, success in building high-performing teams and business acumen uniquely position him to lead Anaqua to new heights. I look forward to Anaqua’s next chapter.”
“Bob Romeo has done an outstanding job positioning Anaqua as a leading provider of technology solutions for innovation and intellectual property management. Under his leadership, the company has built a strong track record of success, earning the trust of America’s leading brands and major patent holders. As we enter the next phase of Anaqua’s journey, we are excited to partner with Justin P. Crotty. The Board is confident in his ability to drive growth as Anaqua continues to solidify its position as a leading platform for innovation-driven industries,” said Fredrik Näslund, Partner and Head of Technology and Payments at Nordic Capital Advisors.
SOURCE: GlobeNewswire