Press releases

13 July 2011

Apax Partners, CPPIB and PSP Investments to acquire Kinetic Concepts

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.

5 July 2011

Travelex sells Global Business Payments

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.

22 June 2011

Bankrate IPO

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.

4 April 2011

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

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

25 March 2011

Apax Partners to Acquire Trader Corporation's Auto Assets

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

17 January 2011

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

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