Press releases

24 April 2007

European Commission clears acquisition of CBR by funds managed by EQT

The European Commission has cleared EQT V Fund's proposed acquisition of women's clothing designer CBR Group from funds managed by Apax Partners and Cinven Limited.

27 March 2007

Travelex to acquire Ruesch International

Travelex, the world's largest non-bank provider of international payment services, announced today that it has agreed to acquire Ruesch International from Welsh, Carson, Anderson & Stowe for US$440 million.

23 March 2007

Funds advised by Apax Partners acquire stake in Trader Media Group

Funds advised by Apax Partners today announced the proposed acquisition of a 49.9% stake in Trader Media Group from the Guardian Media Group. Guardian Media Group will retain a 50.1% stake in the business. The transaction values Trader Media Group at £1.35 billion.

1 March 2007

BVCA forms working group on disclosure

The BVCA - The British Private Equity and Venture Capital Association - today announced that it will form a working group under the Chairmanship of Sir David Walker to examine ways in which levels of disclosure in companies backed by the UK private equity industry could be improved.

22 February 2007

Apax Partners and Cinven sell fashion group CBR to EQT

Apax Partners and Cinven Limited today announce that they have signed an agreement to sell German fashion group CBR - in which they are equal shareholders - to EQT V.

7 February 2007

Funds advised by Apax Partners and TPG announce the sale of TIM Hellas to Weather Investments

Funds advised by private equity firms Apax Partners and TPG today announce the sale of TIM Hellas Telecommunications S.A., the third largest mobile phone carrier in Greece, to Weather Investments SPA.