Press releases

11 August 2014

Funds advised by Apax Partners to acquire Answers Corporation

Funds advised by Apax Partners have entered into an agreement to acquire Answers Corporation, the parent company of Answers.com and a leading provider of cloud-based solutions that enhance customer acquisition and brand engagement, from Summit Partners, TA Associates, and founder shareholders.

28 July 2014

Funds advised by Apax Partners to invest INR 5 billion (USD 84 million) in Cholamandalam

On 26 July, 2014, the Board of Directors of Cholamandalam approved a preferential issue of INR 5 Billion of Compulsorily Convertible Preference Shares to Dynasty Acquisition (FDI) Ltd, a company backed by Apax Funds

16 June 2014

Funds advised by Apax Partners agree to sell majority interest in Advantage Sales & Marketing

Funds advised by Apax Partners today announced that they have agreed to sell their majority ownership stake in Advantage Sales & Marketing LLC to affiliates of Leonard Green & Partners, L.P. and funds advised by CVC Capital Partners.

4 June 2014

Funds advised by Apax Partners announce the sale of ALM Media to Wasserstein & Co., LP

Funds advised by private equity firm Apax Partners today announced the sale of their stake in ALM Media, a leading provider of specialized business news and information for the legal and commercial real estate markets, to private equity fund Wasserstein Partners III.

2 June 2014

Funds advised by Apax Partners acquire GENEX Services

Investment will support enhancement of workers’ compensation practices, provide best-in-class services and accelerate growth.

23 May 2014

Funds advised by Apax Partners announce the sale of their majority ownership stake in Travelex to Dr. B. R. Shetty supported by associates of Centurion

Apax Funds today announced the sale of their majority ownership stake in Travelex to Dr. B. R. Shetty together with equity partners associated with Centurion Investments.