Apax Partners
Apax aims to raise €11bn fund
Apax Partners is looking to raise an €11bn buyout fund in 2011, according to media reports.
Partial sale values TDC at DKK 65bn
Apax Partners, Blackstone Group, Kohlberg Kravis Roberts, Permira and Providence Equity Partners have partially exited TDC through a share buyback and public offering.
Apax Partners et al. express interest in Jack Wolfskin
Apax Partners, Advent International and CVC Capital Partners have shown interest in the sale of German outdoor clothing and equipment manufacturer Jack Wolfskin.
Apax takes the lead in potential $8.5bn ISS deal
Apax has entered exclusive talks to acquire ISS from EQT and GS Capital Partners after beating rival bidders with an offer of $8.5bn, according to reports.
EQT et al. bid for German retailer
The private equity groups EQT, Apax and a consortium of PAI partners and TPG have entered the second round of negotiations for German fashion retailer Takko.
Private equity firms interested in ISS
Private equity firms are looking to acquire Danish cleaning services provider ISS as the deadline for the first round of the sales process nears, according to reports.
Apax Paris hires two senior associates
Romain Dutartre and Nicolas Essayan have joined Apax Partners Paris as senior associates.
Apax sells IFCO Systems to Brambles
Apax has agreed to sell its majority stake in listed German logistics company IFCO Systems to Australian trade buyer Brambles.
Permira-backed New Look "open-minded" on flotation
Fashion retailer New Look - backed by Permira and Apax - said it remained "open-minded" on IPO prospects following the holiday season.
Apax tech disposal marks venture exit
Apax Partners has sold much of its remaining venture portfolio, marking its exit from European early-stage investing. While it was once one of the largest investors in UK venture, the firm has been winding down its early-stage operations for many years.
PE conquers Marathon of Marathons
The sun pounded the private equity runners as their feet pounded the pavement for 26.2 miles from the town of Marathon to the centre of Athens yesterday. The Marathon of Marathons brought together 250 industry professionals to run the original route.
Apax set to steam ahead with HIT Entertainment sale
Strong gains in China and the US, as well as significant interest from mainly US trade buyers, have prompted Apax Partners to commission a strategic review of HIT Entertainment with a view to a potential €1bn+ sale, according to press reports.
Exponent looks to cash in on interest for Cardsave
A number of unsolicited approaches for credit card terminal supplier Cardsave have prompted its majority shareholder, Exponent Private Equity, to appoint corporate financiers to sell the business, reports suggest.
Bridgepoint and Apax acquire two jewel retailers for €600m
Bridgepoint and Apax Partners have acquired French jewellery retailers Histoire D'Or and Marc Orian from Silverfleet Capital and Qualium Investissement, in a deal that values the new group at €600m.
Clessidra and Carlyle circle Coin
Private equity firms Clessidra and Carlyle Group have expressed an interest in purchasing PAI Partners’ 69% stake in Italian retailer Gruppo Coin.
CVC acquires Sunrise in CHF 3.3bn deal
CVC Capital Partners has signed an agreement to acquire Sunrise Communications S.A. from Danish telephone company TDC A/S.
Apax linked to Polish bank bid
Apax is in talks with Spain’s Santander over a joint bid for Bank Zachodni WBK, the Polish arm of Allied Irish Banks, according to reports.
NXP raises $476m on Nasdaq
Private equity-backed Dutch chipmaker NXP Semiconductors was floated on Nasdaq, at more than 28% below midpoint of the expected price range.
HgCapital acquires TeamSystem for €565m
HgCapital has bought Italian software company TeamSystem from Bain Capital, at an enterprise value of €565m.
Apax acquires BNP Paribas Personal Finance Belgium
Apax has agreed to acquire BNP Paribas Personal Finance Belgium from BNP Paribas.
Apax set to lose stake in Panrico
The large banking syndicate holding debt in the Spanish bakery business Panrico looks likely to follow through with a debt for equity swap after attempts to re-finance the leverage package failed.
Apax Patners sells remaining stake in Galapagos
Apax Partners' funds and listed vehicle Altamir Amboise has sold its 5.4% remaining stake in listed biotechnology company Galapagos.
Investing in fashion: Trendy private equity
Private equity has a long history with the fashion sector, from venture funds focusing specifically on fashion, to high profile buyouts of high-street fashion brands. The sector has been very active in early 2010. John Bakie gives an overview of the trends...
Grabiner to leave Apax
Apax’s Stephen Grabiner, head of its media portfolio, is set to leave the firm, according to reports.