AMI, advised by Apax Partners, closes an Israeli mid-market buyout fund
1 December 2015
AMI Opportunities L.P. (AMI), advised by Apax Partners LLP, a leading global private equity firm, today announced its successful final close at the hard cap of $500m. AMI is an inaugural buyout fund for middle market companies that are either based in Israel or have a significant Israeli connection.
AMI’s investment focus will largely be buyouts and control transactions, although AMI’s investment criteria can also include minority equity investments and debt investments.
AMI’s portfolio already includes two deals closed in 2015:
- Schulz Catering, a leading caterer of the business sector in Israel; and
- Zap Group, the leading consumer internet business in Israel which runs both the largest digital yellow pages and the largest online price comparison site.
"We are pleased to announce today the final close of AMI and would like to thank AMI's existing and new investors for their support and confidence in this fund and in the Apax team," said Zehavit Cohen, Office Head of Apax Partners Israel Ltd. "It is a clear endorsement of Apax's track record in Israel that we exceeded the $300m initially sought and that about half of the capital committed came from Israeli investors.”
Similar to other funds advised by Apax Partners, AMI will focus on four sectors: Tech and Telco, Services, Healthcare and Consumer.
About Apax Partners LLP
Apax Partners LLP is a leading global private equity advisory firm. It has more than 30 years of investing experience. Apax Partners LLP has advised funds that total over €34 billion in aggregate as at 30 June 2015. Funds advised by Apax Partners LLP invest in companies across four global sectors of Tech and Telco, Services, Healthcare and Consumer. These funds provide long-term equity financing to build and strengthen world-class companies. For further information about Apax Partners LLP, please visit www.apax.com. Apax Partners LLP is authorised and regulated by the FCA in the UK and is subject to the FCA's rules and guidance. Apax Partners’ registered office is 33 Jermyn Street, London, SW1Y 6DN, UK.
For more information please contact:
Apax Partners – Israel Media Enquiries
Shalom Tel Aviv
Tel: +972 50 522 0300
Apax Partners – Global Media Enquiries
Apax Partners LLP
Tel: +44 20 7872 6461