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Financial Investment

Investment Company

Name
Global Refund
Sector
Financial & Business Services
Country
Netherlands
Initial Inv Date
1999
Business Focus
VAT refund services to tourists.
Contact
46 Rte de Divonne
1260 Nyon
+41 22 363 7741
www.globalrefund.com
August 7, 2007

Apax Partners sells Global Refund to Barclays Private Equity

The shareholders of Global Refund Holdings BV, which include funds advised by Apax Partners, have reached an agreement for the sale of the Company to Barclays Private Equity. The transaction values the Company at more than €360 million.

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News

June 13, 2007

Acquisition of Hub International completed
Hub International Limited announced today the completion of the plan of arrangement pursuant to which funds advised by Apax Partners together with Morgan Stanley Principal Investments acquired all of Hub’s common shares for $41.50 per share.

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March 27, 2007

Travelex to acquire Ruesch International
Travelex, the world’s largest non-bank provider of international payment services, announced today that it has agreed to acquire Ruesch International from Welsh, Carson, Anderson & Stowe for US$440 million.

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December 20, 2006

Sale of controlling stake in Farmafactoring S.p.A. to Apax funds completed
The shareholders of Confarma S.p.A., the controlling entity of Farmafactoring S.p.A., have sold 87% of Confarma share capital to funds managed by Apax Partners.

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