Apax Partners related stories
All articles and analysis
GI Partners in 5x exit to BairdThe private equity and real estate firm has sold software company PC Helps Support to Baird Private Equity’s US buyout group. GI acquired the business in 2005 and helped grow sales by more than 90% during the holding period.
- Fox Paine slowly divests 2000 vintage fund
The mid-market firm has sold software company Paradigm for $1bn, completing its fourth exit from its 2000 vintage fund that has two remaining investments.
- Electra finds exits and narrows NAV discount
The UK-listed firm has benefited from banks reducing allocations to private equity by offloading fund positions and debt, says chief investment partner Alex Fortescue.
- Apax agrees to $570m shoe deal
Nike will sell footwear retailer Cole Haan to Apax Partners for $570m cash, which will include equity from Apax VIII.
- Apax hires second senior operator in Europe
The recruitment of ex-public company CFO Gary Hughes takes Apax Partners’ portfolio support team to 11 people
- Fundraising GPs put more ‘skin in the game’
Firms including Bain, Apax and CCMP are pledging significant sums to better align interests with investors, many of whom want to see ‘cash up front’.
- Advent sets post-Lehman fundraising record
Advent International has wrapped up fundraising for its latest global buyout vehicle, which came in at €8.5bn.
- Swedish insurance group sells €1.5bn portfolio
Two buyers – Abu Dhabi Investment Council and Australia’s QIC – acquired the majority of the portfolio that included funds from managers like Apax, Advent, BC Partners and Bain Capital.
- General Atlantic hires India head
Former co-head of India at Apax Partners Sandeep Naik will now lead the US firm's Mumbai-based team.
- TIM Hellas offers buyout firms second pay-out
Texas Pacific Group and Apax Partners are reportedly refinancing the Greek mobile company for a second time to take a dividend payment, which will take proceeds to more than twice the firm’s original investment.