Press releases

26 May 2020

KAR Global announces $550 million strategic investment led by Funds advised by Apax Partners

KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, today announced the placement of $550 million in newly issued perpetual convertible preferred stock of KAR Global.

12 February 2020

Funds advised by Apax Partners to acquire Cadence Education from Funds advised by Morgan Stanley Capital Partners

Funds advised by Apax Partners have reached an agreement to acquire Cadence Education, a leading provider of early childhood education in North America, from investment funds managed by Morgan Stanley Capital Partners.

6 February 2020

Apax Digital Year In Review

Apax Digital is delighted to publish its second annual newsletter covering the highlights of an active and productive 2019.

5 February 2020

Funds advised by Apax Partners and NB Renaissance Partners sell their stake in Engineering Group

Funds advised by Apax Partners and NB Renaissance Partners today announced that they have agreed to sell their stake in Engineering Group, a leading IT services provider, to a consortium of Bain Capital Private Equity and different funds advised by NBRP.

4 February 2020

Accurate Background to acquire CareerBuilder Employment Screening, broadening reach and accelerating growth

The Apax Digital Fund has agreed an investment in Accurate Background, a leading technology-enabled background screening provider, to support the company’s acquisition of CareerBuilder Employment Screening, the background screening solutions division of CareerBuilder.

31 January 2020

Moda Operandi raises $100 million in new capital

Moda Operandi, the world’s leading platform for fashion discovery, has raised $100 million in new equity and debt financing, led by existing investors New Enterprise Associates, Inc. and the Apax Digital Fund, with additional participation from the Santo Domingo Family, Comerica Bank and TriplePoint Capital, among others.