19 November 2020
ECI Software Solutions to be acquired by Leonard Green & Partners; Funds advised by Apax Partners to retain minority stake
ECI Software Solutions, a leader in cloud-based business management software solutions for small and medium sized companies, today announced that Leonard Green & Partners will acquire a majority stake in the company from funds advised by Apax Partners and The Carlyle Group. Upon completion of the transaction, funds advised by Apax Partners, which acquired ECI in 2017, will retain a minority stake in ECI.