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Financial Investment

Investment Company

Name
Travelex
Sector
Financial & Business Services
Country
United Kingdom
Initial Inv Date
2005
Business Focus
Foreign exchange provider
Contact
65 Kingsway, London
+44 207 400 4000
www.travelex.com
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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August 3, 2005

Funds advised by Apax Partners announce the successful completion of the acquisition of a majority shareholding in Travelex

Funds advised by Apax Partners today announced the successful closing of the acquisition of a controlling majority stake in Travelex, the world’s largest foreign exchange specialist, following regulatory approval.

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News

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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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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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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