Apax RSS: News

Funds advised by Apax Partners to acquire Orange Switzerland

Thu, 22 Dec 2011 16:12:03 GMT

Funds advised by Apax Partners today announced that they have entered an agreement to purchase 100 per cent of mobile phone operator Orange Switzerland from France Telecom Orange for approximately CHF2 billion (€1.6 billion).

Apax Partners, CPPIB and PSP Investments complete acquisition of Kinetic Concepts, Inc.

Fri, 04 Nov 2011 17:02:49 GMT

Apax Partners, together with controlled affiliates of CPPI and PSP Investments, today announced the completion of its acquisition of Kinetic Concepts, Inc.

KCI shareholders approve acquisition by Apax Partners, CPPIB and PSP Investments

Sat, 29 Oct 2011 19:26:23 GMT

Apax Partners, together with controlled affiliates of CPPI and PSP Investments, today announced that shareholders of Kinetic Concepts, Inc. have approved the consortium's acquisition of KCI.

Mattel announces acquisition of HIT Entertainment

Fri, 21 Oct 2011 10:02:54 GMT

Mattel, Inc. (NASDAQ:MAT) announced today that it has entered into an agreement to acquire HIT Entertainment for $680 million in cash from a consortium led by Apax Partners funds.

Funds advised by Apax Partners acquire Golden Jaguar in China

Mon, 25 Jul 2011 17:23:49 GMT

Subsidiaries of Funds advised by Apax Partners today announced that they have completed the acquisition of Golden Jaguar restaurant chain in the People's Republic of China.

Apax Partners, CPPIB and PSP Investments to acquire Kinetic Concepts

Wed, 13 Jul 2011 11:31:07 GMT

A consortium comprised of funds advised by Apax Partners, together with controlled affiliates of CPPIB and the PSP, today announced a definitive agreement to acquire Kinetic Concepts.

Travelex sells Global Business Payments

Tue, 05 Jul 2011 15:33:29 GMT

Travelex, the world's leading foreign exchange specialist, which is backed by Apax Funds, has announced the sale of Travelex Global Business Payments ("TGBP"), the business payments operations division to Western Union, a leader in global business payments, for a total cash consideration of £606m. The transaction is expected to complete by the end of 2011.

Bankrate IPO

Tue, 21 Jun 2011 18:15:49 GMT

Apax Partners ("Apax") has announced the successful IPO of Bankrate ("the Company"), an online personal finance portal, marking the start of the next phase of the growth strategy for the business. Following the completion of the IPO, Apax Funds remain the majority shareholder with approximately 70% ownership of Bankrate's common stock.

Apax Partners to Acquire Epicor Software Corporation and Activant Solutions, Inc.

Mon, 04 Apr 2011 11:54:34 GMT

Funds advised by Apax Partners today announced that they have entered into definitive agreements to acquire Epicor Software Corporation.

Apax Partners to Acquire Trader Corporation's Auto Assets

Fri, 25 Mar 2011 17:07:03 GMT

Funds advised by Apax Partners today announced they have entered a definitive agreement to purchase Trader Corporation ("Trader") from Yellow Media Inc.

Apax Funds to Acquire Majority Interest in Advantage Sales and Marketing LLC

Mon, 24 Jan 2011 15:09:09 GMT

Funds advised by Apax Partners, one of the world's leading private equity investment groups, today announced they have agreed to acquire a majority interest in Advantage Sales & Marketing LLC (ASM), North America's premier sales and marketing agency, from J.W. Childs Associates, L.P. and BAML Capital Partners (Merrill Lynch Global Private Equity).

Apax Funds agree to sell stake in IFCO Systems to Brambles

Mon, 24 Jan 2011 15:02:29 GMT

Funds advised by Apax Partners today announce they have agreed to sell their majority stake in IFCO Systems N.V. to the Australian logistics company Brambles Limited for €13.50 per share.

Apax Funds announce closing of acquisition of stake in Psagot Investment House Ltd

Mon, 24 Jan 2011 14:58:42 GMT

Funds advised by Apax Partners today announced the completion of the purchase of a majority shareholding in Psagot Investment House Ltd from shareholders led by York Capital Management.

Funds advised by Apax Partners to invest in iGATE, and iGATE to acquire a controlling stake in Patni Co.

Tue, 18 Jan 2011 09:56:31 GMT

Funds advised by Apax Partners to invest in iGATE, and iGATE to acquire a controlling stake in Patni Co.

Apax Partners to Sell Qualitest Pharmaceuticals to Endo Pharmaceuticals for $1.2 Billion

Fri, 19 Nov 2010 16:59:10 GMT

New York, September 28, 2010 – Apax Partners today announced that Endo Pharmaceuticals (Nasdaq: ENDP) has entered into a definitive agreement to acquire Qualitest Pharmaceuticals for approximately $1.2 billion in cash. Qualitest, a portfolio company of Apax Partners since 2007, is the sixth largest generic pharmaceutical company in the U.S.

Apax Partners' Funds and General Atlantic agree to acquire a significant interest in China's largest online real estate portal - SouFun

Fri, 19 Nov 2010 16:59:09 GMT

Funds advised by Apax Partners announced that, together with General Atlantic (GA), they have each agreed to acquire a 19% stake in SouFun, the largest online real estate portal in China.

Apax Partners sells Voyager HospiceCare, Inc. to Harden Healthcare, LLC

Fri, 19 Nov 2010 16:59:08 GMT

Apax Partners today announced that it has completed the sale of Voyager HospiceCare, Inc., a provider of hospice and home health services in the United States, to Harden Healthcare, LLC.

Apax Partners announces first investment in Brazil

Fri, 19 Nov 2010 16:59:07 GMT

Funds advised by Apax Partners today announced they have entered into a definitive agreement to acquire a controlling interest in TIVIT, the leader in integrated IT and BPO services in Latin America.

Funds advised by Apax Partners announce the IPO of SMART Technologies, Inc.

Fri, 19 Nov 2010 16:59:07 GMT

SMART Technologies, Inc., a global provider of interactive whiteboards and complementary solutions to the education, business and government sectors, has closed an Initial Public Offering. The shares began trading on 15 July 2010 on the NASDAQ Global Select Market under the ticker symbol "SMT", and on the Toronto Stock Exchange under the ticker symbol "SMA".

Apax Partners Funds to acquire majority interest in Sophos plc

Fri, 19 Nov 2010 16:59:06 GMT

Sophos plc and funds advised by Apax Partners today announced that they have signed a definitive agreement in which Apax Funds will purchase a majority stake in Sophos plc, a leading IT security and data protection provider, from the founders of Sophos and TA Associates, valuing the company at US$830million.

Promethean World makes London Stock Exchange debut

Fri, 19 Nov 2010 16:59:05 GMT

Apax Partners announces that its portfolio company, Promethean World, a leader in the rapidly growing global market for interactive learning technology, today begins trading on the main market of the London Stock Exchange under the ticker symbol ‘PRW’ following its successful initial public offering.

Apax Foundation becomes shareholder in Finance in Motion

Fri, 19 Nov 2010 16:59:05 GMT

The Apax Foundation, the charity of global private equity firm Apax Partners, and Finance in Motion GmbH (Finance in Motion), Frankfurt/Main, Germany, today announced that they have signed an agreement whereby the Apax Foundation purchases a 20 per cent stake in the share capital of Finance in Motion.

Apax Partners reaches definitive agreement to sell Tommy Hilfiger Group to Phillips-Van Heusen for €2.2 billion

Fri, 19 Nov 2010 16:59:04 GMT

Funds advised by Apax Partners today announced a definitive agreement to sell Tommy Hilfiger Group to Phillips-Van Heusen Corporation for a total consideration of approximately €2.2bn ($3.0bn), including €1.924bn ($2.6bn) in cash and €276m ($380m) in Phillips-Van Heusen common stock.

Apax divests partial stake in rue21, inc.

Fri, 19 Nov 2010 16:59:03 GMT

Funds advised by Apax Partners today announced the completion of the February 25, 2010 secondary public offering of 6,053,877 shares of common stock of rue21, inc. at a price of $28.50 per share.

Apax Funds acquire majority shareholding in Psagot Investment house

Fri, 19 Nov 2010 16:59:02 GMT

Funds advised by Apax Partners today announced an agreement to purchase a majority shareholding in Psagot Investment House Ltd ("Psagot"), the largest asset management business in Israel.

Apax Partners sells Spectrum Holding Company, Inc. for $230 million

Fri, 19 Nov 2010 16:59:00 GMT

Funds advised by Apax Partners today announced the sale of Spectrum Holding Company, Inc. to Welsh, Carson, Anderson & Stowe for $230 million.

Apax Partners’ Funds acquire Healthcare leader Marken

Fri, 19 Nov 2010 16:58:59 GMT

A consortium comprising funds advised by Apax Partners and company management has reached agreement to acquire Marken, a company specialising in clinical trial logistics, for an undisclosed sum from Intermediate Capital Group.

Apax Partners successfully completes tender offer for shares of Bankrate, Inc.

Fri, 19 Nov 2010 16:58:58 GMT

Corporations wholly owned by funds advised by Apax Partners today announced the successful completion of the cash tender offer for all of the outstanding shares of common stock of Bankrate at a purchase price of $28.50 per share in cash.

Richard Wilson becomes 26th EVCA Chairman

Fri, 19 Nov 2010 16:58:58 GMT

Richard Wilson, Partner at Apax Partners, has become the 26th Chairman of the European Private Equity & Venture Capital Association (EVCA), following Jonathan Russell of 3i.

Bankrate, Inc. agrees to be acquired by Apax Partners for $28.50 per share in cash

Fri, 19 Nov 2010 16:58:57 GMT

Bankrate, Inc. announced today that it has entered into a definitive agreement to be acquired and taken private by funds advised by Apax Partners, a global private equity firm with over $35 billion in funds under advice and significant expertise in financial services and media.

Apax Partners and Consortium sell Somerfield to The Co-Operative Group

Fri, 19 Nov 2010 16:58:56 GMT

A consortium including funds advised by Apax Partners, one of the world’s largest private equity firms, Barclays Capital, and R20 today announces it has completed the sale of Somerfield to The Co-Operative Group for £1.565bn. The transaction marks a successful exit for the consortium.

Apax Partners issues 2008 Annual Report

Fri, 19 Nov 2010 16:58:56 GMT

Apax Partners today issued its second annual report, in accordance with the reporting guidelines detailed by Sir David Walker.

Apax Partners completes acquisition of TriZetto Group

Fri, 19 Nov 2010 16:58:55 GMT

The TriZetto Group, Inc. and Apax Partners announced today the closing of the merger pursuant to which funds advised by Apax Partners, together with minority investors BlueCross BlueShield of Tennessee and The Regence Group, acquired all of TriZetto’s common stock for $22 cash per share.

Weather Investments announces sale of part of its shares to Apax Partners, Madison Dearborn Partners and TA Associates

Fri, 19 Nov 2010 16:58:53 GMT

Weather Investments S.p.A. ("Weather Investments") today announces the sale of part of its shares for an amount equal to 1.1 billion euro to funds managed by private equity firms Apax Partners Worldwide LLP, Madison Dearborn Partners, LLC and TA Associates, Inc.

Violet Acquisitions announces the sale of Somerfield to the Co-Operative Group

Fri, 19 Nov 2010 16:58:53 GMT

The shareholders of Violet Acquisitions Limited, which include funds advised by Apax Partners, Barclays Capital, the Tchenguiz Family Trust and Kaupthing, have today agreed the sale of Somerfield Limited to the Co-Operative Group for £1.565bn.

Apax Partners issues inaugural Annual Report

Fri, 19 Nov 2010 16:58:52 GMT

Apax Partners, a leading global private equity firm, today issued its first annual report, in accordance with the reporting guidelines detailed by Sir David Walker.

Voluntary Public Tender Offer for D+S europe AG published

Fri, 19 Nov 2010 16:58:51 GMT

Pyramus S.à r.l., a company based in Luxembourg and controlled by funds advised by Apax Partners Worldwide LLP, today published the bidding document for its Voluntary Public Tender Offer to the shareholders of D+S europe AG.

Cengage Learning completes acquisition of Houghton Mifflin College Division assets

Fri, 19 Nov 2010 16:58:51 GMT

Cengage Learning, one of the leading providers of print and digital instructional and reference materials for the academic, professional and library markets, today announced that it has completed the acquisition of the Houghton Mifflin College Division.

Apax supports the growth strategy of D+S europe AG as new core share-holder

Fri, 19 Nov 2010 16:58:50 GMT

Apax offers D+S europe shareholders EUR 13.00 per share in the context of a Voluntary Public Tender Offer (in accordance with § 29 WpUEG). After the signing of a capital increase and including shares secured through SPA and Irrevocable undertakings, Apax will hold a total of 27% of the diluted share capital.

TriZetto agrees to be acquired by Apax Partners for $22 per share

Fri, 19 Nov 2010 16:58:49 GMT

The TriZetto Group, Inc. announced today that it has entered into a definitive agreement to be acquired and taken private by funds advised by Apax Partners.

Eden Bidco Limited appoints David Gilbertson as Chief Executive of Emap Communications

Fri, 19 Nov 2010 16:58:48 GMT

Appointment to be effective on completion of acquisition – expected on 20 March 2008.

Dubailand and HIT Entertainment strike strategic alliance, create world's first 'Little Big Club' attraction in Global Village

Fri, 19 Nov 2010 16:58:47 GMT

Dubailand, a member of Tatweer, today announced it has formed a strategic alliance with UK-based HIT Entertainment, one of the world's leading independent children's entertainment producers and rights owners, to develop a diverse portfolio of family entertainment projects in Global Village at DUBAILAND, the world's biggest tourism, leisure and entertainment destination.

Acquisition of Intelsat by Serafina Holdings provides exit for Apax Partners Consortium

Fri, 19 Nov 2010 16:58:46 GMT

Intelsat, Ltd., the world’s leading provider of fixed satellite services, today announced the successful closing of the acquisition of all of the primary equity ownership of its parent, Intelsat Holdings, Ltd.

Apax Partners' London office has moved

Fri, 19 Nov 2010 16:58:45 GMT

Apax Partners' London office has moved to new headquarters on Jermyn Street. Our address is: 33 Jermyn Street, London SW1Y 6DN.

Consortium comprising funds advised by Apax Partners & Mivtach Shamir acquires Tnuva for $1.025 billion

Fri, 19 Nov 2010 16:58:45 GMT

The acquisition of a majority stake in Tnuva by funds advised by Apax Partners and Mivtach Shamir group was completed on 07 January 2008 at a value of $1.025 billion.

Recommended acquisition of Emap plc by Eden Bidco Limited, a company controlled by Guardian Media Group and funds advised by Apax Partners

Fri, 19 Nov 2010 16:58:43 GMT

The boards of Eden Bidco Limited and Emap plc are pleased to announce that they have reached agreement on the terms of a recommended cash offer for the entire issued and to be issued share capital of Emap.

Capio holds 98.13 % of the voting rights of Unilabs at the end of the main acceptance period

Fri, 19 Nov 2010 16:58:42 GMT

Capio today announced that at the end of the main offer period on November 5, 2007, Capio and the persons acting in concert with Capio hold a voting stake in Unilabs of 98.13%.

Cengage Learning to acquire Houghton Mifflin College assets for $750 million

Fri, 19 Nov 2010 16:58:42 GMT

Cengage Learning today announced that it has signed a definitive agreement with Houghton Mifflin Company, under which Cengage Learning will acquire the assets of the Houghton Mifflin College Division (HM College) for $750 million in cash.

Apax Partners completes acquisition of Qualitest & Vintage Pharmaceuticals

Fri, 19 Nov 2010 16:58:41 GMT

Funds advised by Apax Partners have completed the acquisition of Qualitest and Vintage Pharmaceuticals, a leading distributor and manufacturer of generic pharmaceuticals in the US.

Capio announces closing of purchase of Unilabs’ majority shareholders’ stake

Fri, 19 Nov 2010 16:58:37 GMT

Capio today announced that it has closed its purchase of the entire stake of registered and bearer shares and options of Unilabs from its majority shareholders.

Apax Partners Acquires Qualitest Pharmaceuticals and Vintage Pharmaceuticals

Fri, 19 Nov 2010 16:58:35 GMT

Funds advised by Apax Partners have agreed to acquire Qualitest and Vintage Pharmaceuticals, a leading distributor and manufacturer of generic pharmaceuticals based in Huntsville, Alabama, USA.

Apax Partners sells Global Refund to Barclays Private Equity

Fri, 19 Nov 2010 16:58:33 GMT

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.

Apax Partners sells Healthcare at Home to Hutton Collins

Fri, 19 Nov 2010 16:58:30 GMT

The shareholders of EGX Limited ('Healthcare at Home'), which include the founder Charles Walsh and funds advised by Apax Partners, have agreed the sale of the Company, the leading provider of complex healthcare in the home environment.

Apax Partners to take minority stake in SMART Technologies

Fri, 19 Nov 2010 16:58:28 GMT

SMART Technologies Inc. announces that funds advised by Apax Partners will take a significant minority position in the company.

Funds advised by Apax Partners and OMERS Capital Partners complete acquisition of Thomson Learning higher education assets from Thomson for US$7.75 billion

Fri, 19 Nov 2010 16:58:26 GMT

Funds advised by Apax Partners announced today that, together with OMERS Capital Partners, they have completed the previously announced acquisition of the higher education, careers and library reference assets of Thomson Learning and Nelson Canada from The Thomson Corporation. The transaction had a combined total value of approximately US$7.75 billion.

Apax Partners publishes global private equity environment rankings report “Private Equity in the Public Eye”

Fri, 19 Nov 2010 16:58:24 GMT

Apax Partners, a leading global buyout firm, today published the 2007 global private equity environment rankings, under the title: 'Private Equity in the Public Eye'.

Acquisition of Hub International completed

Fri, 19 Nov 2010 16:58:22 GMT

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.

Funds advised by Apax Partners and OMERS Capital Partners to acquire Thomson Learning higher education assets from Thomson for US$7.75 billion

Fri, 19 Nov 2010 16:58:21 GMT

Funds advised by Apax Partners today announced the signing of definitive agreements with The Thomson Corporation, a leading global provider of information services to business and professional customers, under which such funds, together with funds advised by OMERS Capital Partners, will acquire the higher education, career learning and library reference assets of Thomson Learning and Nelson Canada for a combined total value of approximately $7.75 billion in cash.

European Commission clears acquisition of CBR by funds managed by EQT

Fri, 19 Nov 2010 16:58:19 GMT

The European Commission has cleared EQT V Fund's proposed acquisition of women's clothing designer CBR Group from funds managed by Apax Partners and Cinven Limited.

Travelex to acquire Ruesch International

Fri, 19 Nov 2010 16:58:17 GMT

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.

Funds advised by Apax Partners acquire stake in Trader Media Group

Fri, 19 Nov 2010 16:58:15 GMT

Funds advised by Apax Partners today announced the proposed acquisition of a 49.9% stake in Trader Media Group from the Guardian Media Group. Guardian Media Group will retain a 50.1% stake in the business. The transaction values Trader Media Group at £1.35 billion.

BVCA forms working group on disclosure

Fri, 19 Nov 2010 16:58:14 GMT

The BVCA - The British Private Equity and Venture Capital Association - today announced that it will form a working group under the Chairmanship of Sir David Walker to examine ways in which levels of disclosure in companies backed by the UK private equity industry could be improved.

Apax Partners and Cinven sell fashion group CBR to EQT

Fri, 19 Nov 2010 16:58:11 GMT

Apax Partners and Cinven Limited today announce that they have signed an agreement to sell German fashion group CBR - in which they are equal shareholders - to EQT V.

Funds advised by Apax Partners and TPG announce the sale of TIM Hellas to Weather Investments

Fri, 19 Nov 2010 16:58:10 GMT

Funds advised by private equity firms Apax Partners and TPG today announce the sale of TIM Hellas Telecommunications S.A., the third largest mobile phone carrier in Greece, to Weather Investments SPA.

Apax Partners announces sale of Molnlycke Health Care to Investor AB

Fri, 19 Nov 2010 16:58:08 GMT

Funds advised by Apax Partners announce the sale of Mölnlycke Health Care Group to Investor AB and Morgan Stanley Principal Investments for €2.85 bn.

Sale of controlling stake in Farmafactoring S.p.A. to Apax funds completed

Fri, 19 Nov 2010 16:58:05 GMT

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.

Funds advised by Apax Partners complete de-listing of Incisive Media

Fri, 19 Nov 2010 16:58:03 GMT

Funds advised by Apax Partners have completed the successful de-listing of Incisive Media alongside management.

Opica holds 99.3% of the shares and votes in Capio

Fri, 19 Nov 2010 16:58:01 GMT

Opica holds 99.3% of the shares and votes in Capio. Capio has been delisted from the Stockholm Stock Exchange. Compulsory acquisition has been initiated.

Funds advised by Apax Partners acquire Plantasjen from EQT

Fri, 19 Nov 2010 16:58:00 GMT

Funds advised by Apax Partners today announced the acquisition of Plantasjen, a Nordic operator of garden centres, from funds advised by EQT Partners.

India Office launched by Apax Partners

Fri, 19 Nov 2010 16:57:59 GMT

Apax Partners, one of the world's largest and most well established private equity firms, has announced the launch of its India office, Apax Partners India.

Funds advised by Apax Partners and Permira announce the closing of the Sisal acquisition

Fri, 19 Nov 2010 16:57:58 GMT

Giochi Holding S.p.A., a company controlled by private equity funds advised by Permira and Apax Partners, today announced the successful completion of the acquisition of Area Giochi Holding S.p.A., a company that controls 97% of the share capital of Sisal S.p.A., valued by the buyers at approximately 900 million Euros.

Apax Partners Invests $190m to acquire an interest in CME - CME sees boost to future strategic opportunities

Fri, 19 Nov 2010 16:57:56 GMT

Apax will become a limited partner in a partnership holding all of the Lauder interests in CME. The remaining 50.3% interest in the partnership will be beneficially owned by Ronald Lauder and his family. The deal is expected to close on Friday, September 1.

Bain Capital and Apax Partners join private equity consortium purchasing majority stake in Philips' semiconductor unit

Fri, 19 Nov 2010 16:57:55 GMT

Bain Capital and Apax Partners today announced that they had signed definitive commitments to join an expanded private equity consortium that has agreed to acquire an 80.1 percent stake in the Semiconductor Division of Royal Philips Electronics.

Apax Partners makes strategic investment in Plexus Systems, provider of on-demand manufacturing systems

Fri, 19 Nov 2010 16:57:54 GMT

Apax Partners, one of the world's leading private equity investment groups, today announced that funds advised by Apax Partners have made a strategic investment in Plexus Systems, LLC, a provider of a broad suite of applications that automate business processes for discrete manufacturers.

Apax Partners’ funds complete acquisition of Tommy Hilfiger Corporation. Shareholders to receive $16.80 per share

Fri, 19 Nov 2010 16:57:53 GMT

Tommy Hilfiger Corporation announced today the completion of the acquisition of the Company by funds advised by Apax Partners.

Apax Partners publishes report on the future of private equity “Unlocking global value”

Fri, 19 Nov 2010 16:57:53 GMT

Apax Partners, one of the world's leading private equity firms, today published its view of the private equity industry "Unlocking global value - Future trends in private equity investment worldwide".

Suzlon Energy signs definitive agreement for strategic acquisition of Hansen Transmissions

Fri, 19 Nov 2010 16:57:51 GMT

Suzlon Energy Limited ("Suzlon") announced today that its subsidiary, AE - Rotor Holding BV based in Netherlands, has entered into definitive agreements to acquire Hansen Transmissions International NV ("Hansen"), based in Belgium, one of the largest wind energy and industrial gearbox manufacturers in the world, for EUR 465 million (USD 565 million) enterprise value, in an all cash transaction.

Network Healthcare Holdings Limited acquires leading private hospital group in UK

Fri, 19 Nov 2010 16:57:51 GMT

In a move that is likely to attract significant attention in global healthcare and financial markets, Network Healthcare Holdings (Netcare) today announced its acquisition of a controlling interest in leading UK private hospital group, General Healthcare Group Limited (GHG).

Apax Partners completes acquisition of CONTECH; CONTECH realigns for improved customer service and growth

Fri, 19 Nov 2010 16:57:50 GMT

CONTECH Construction Products Inc., a leading civil engineering site solutions products and services company, and funds advised by Apax Partners Worldwide, one of the world's leading private equity investment groups, today announced that Apax Partners Worldwide have completed their acquisition of a majority ownership interest in CONTECH. The transaction had a total enterprise valuation of more than $1 billion.

Nordic Telephone Company's tender offer for all TDC Shares

Fri, 19 Nov 2010 16:57:49 GMT

Nordic Telephone Company expects to announce that it will complete the tender offer no later than 25 January 2006.

Apax Partners, L.P. Completes Acquisition of Majority Ownership Interest in Spectrum Laboratory Network

Fri, 19 Nov 2010 16:57:48 GMT

Apax Partners, one of the world's leading private equity investment groups, today announced that funds advised by Apax Partners have completed their acquisition of a majority ownership interest in Spectrum Laboratory Network, a leading regional provider of clinical laboratory and disease screening services.

Tommy Hilfiger Corporation announces agreement to be acquired by Funds advised by Apax Partners for $16.80 per share or approximately $1.6 billion

Fri, 19 Nov 2010 16:57:47 GMT

Tommy Hilfiger Corporation and Apax Partners, a leading global private equity firm, announced today a definitive agreement under which Funds advised by Apax Partners will acquire Tommy Hilfiger Corporation in a merger at a price of $16.80 per share in cash, representing a transaction value of approximately $1.6 billion.

Somerfield Plc completion of acquisition by Violet Acquisitions Limited

Fri, 19 Nov 2010 16:57:46 GMT

Further to the announcement on 20 December 2005, the Court Orders sanctioning the Scheme and confirming the Capital Reduction have been delivered to the Registrar of Companies and, in respect of the Capital Reduction, been registered. The Scheme has now become effective and the entire issued share capital of Somerfield is owned by Violet Acquisitions Limited.

Providence Equity Partners to take sole ownership of Kabel Deutschland

Fri, 19 Nov 2010 16:57:45 GMT

Apax Partners and Goldman Sachs Capital Partners to sell their shareholdings. KDG is the Largest German cable operator and well-positioned to successfully roll-out triple play services.

Apax Partners’ Funds announce the successful completion of the acquisition of Panrico

Fri, 19 Nov 2010 16:57:44 GMT

Funds advised by Apax Partners, today announced the successful closing of the acquisition of 100% of the share capital of Panrico, S.A. from the Costafreda Family, Caixa Holding, BancSabadell and other minority shareholders.

Apax Partners, L.P. to acquire majority ownership interest in Spectrum Laboratory Network

Fri, 19 Nov 2010 16:57:43 GMT

Spectrum Laboratory Network, a leading regional provider of clinical laboratory and disease screening services, and Apax Partners, L.P., one of the world's leading private equity investment groups, today announced that funds advised by Apax Partners will acquire a majority ownership interest in Spectrum.

Apax Partners’ Funds to acquire Grupo Panrico

Fri, 19 Nov 2010 16:57:42 GMT

Funds advised by Apax Partners today announced an agreement to acquire a majority shareholding in Panrico, S.A. from the Costafreda Family, La Caixa and other minority shareholders.

Apax Partners Funds, Saban Capital Group and Arkin Communications (Apax Saban Arkin Group) completes acquisition of controlling interest in leading Israeli telecom company Bezeq

Fri, 19 Nov 2010 16:57:42 GMT

The group has acquired 30% of Bezeq's shares for 4.246 billion NIS ($923 million) and an option to purchase an additional 10.7% of the shares within the next four years.

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

Fri, 19 Nov 2010 16:57:41 GMT

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.

Xanodyne Pharmaceuticals, backed by MPM Capital-led syndicate, approved to acquire pain management portfolio

Fri, 19 Nov 2010 16:57:40 GMT

Xanodyne Pharmaceuticals, Inc., a specialty pharmaceutical company, today announced that the Bankruptcy Court for the District of Delaware has approved its bid to acquire the pharmaceutical assets of aaiPharma.

Apax Partners Funds sell remaining stake in Azimut

Fri, 19 Nov 2010 16:57:39 GMT

Funds advised by Apax Partners today announced the sale by their Luxembourg subsidiaries of their remaining stake in Azimut Holding, the Italian fund management group, to institutional investors at a price of €5.05 per share.

Nordic Capital to sell Molnlycke Health Care to Apax Partners Funds

Fri, 19 Nov 2010 16:57:38 GMT

Nordic Capital and other major shareholders have entered into a definitive agreement to sell Mölnlycke Health Care to funds advised by Apax Partners.

Sunshine Acquisition, a company set up by Apax Partners’ Funds, closes acquisition of Hit Entertainment

Fri, 19 Nov 2010 16:57:38 GMT

Sunshine Acquisition Limited, a company formed by Funds advised by Apax Partners to acquire Hit Entertainment, today announced it has completed the acquisition of Hit for £489.4 million.

Apax Partners’ Funds and Texas Pacific group to acquire control of Tim Hellas Telecommunications S.A. in a 1.1 billion Euro transaction

Fri, 19 Nov 2010 16:57:37 GMT

An acquisition company owned by private equity funds advised by Texas Pacific Group and Apax Partners signed a conditional acquisition agreement today with TIM International for the acquisition of its 80.87% shareholding in TIM Hellas Telecommunications S.A, the Greek wireless operator.

Funds advised by Apax Partners to acquire majority shareholding in Travelex

Fri, 19 Nov 2010 16:57:36 GMT

Lloyd Dorfman, who will continue to be Chairman and Chief Executive of the Group, will retain a 30% stake, and 3i, which has held a shareholding in Travelex since 1999, will retain a 7% stake.

Saunders Karp & Megrue completes recapitalisation of Bob's Discount Furniture

Fri, 19 Nov 2010 16:57:35 GMT

Saunders Karp & Megrue, in partnership with the existing management team, announced today the completion of the recapitalisation of Bob's Discount Furniture, a leading New England based retailer of home furnishings at everyday low prices.