Apax Partners
Apax sells Chinese restaurant chain Golden Jaguar
Apax Partners has agreed to sell Chinese high-end restaurant chain Golden Jaguar to Hong Kong-listed Carnival Group International Holdings for HK$253.4 million ($32.7 million).
TPG sells Shriram City Union Finance stake to Apax
TPG Capital has sold its 20.37% stake in Indian non-banking finance company Shriram City Union Finance (SCUF) to Apax Partners. Based on the May 12 closing price of INR1,719, it was worth around INR23 billion ($360 million).
Apax to exit iGate as Capgemini agrees $4b acquisition
French IT services company Capgemini will pay $4 billion to acquire US and India-based technology and service provider iGate, facilitating a 3.7x exit for iGate's PE backer, Apax Partners.
Apax invests $83.2m in India NBFC Cholamandalam
Apax Partners is investing INR5 billion($83.2 million) in Cholamandalam Investment & Finance (CIF), a non-banking finance company (NBFC), in exchange for potential 8% stake.
China job site Zhaopin trading strongly after $75.7m US IPO
Chinese recruitment website Zhaopin is trading at around a 17% premium to its IPO price after raising $75.7 million through a US offering and receiving a parallel investment from Apax Partners.
Apax to invest $15m in China's Zhaopin alongside IPO
Zhaopin, a Chinese recruitment website which has previously raised capital from several VC firms, will receive $15 million from Apax Partners alongside a US IPO.
Apax benefits from Bright Food’s ambition
Apax Partners' 6x return on its investment in Israel-based Tnuva Food Industries has been hard earned.
Apax sells Israeli food company to China's Bright Food
Apax Partners has agreed to sell a 56% stake in Israel-based Tnuva Food Industries to Bright Food Group as the Chinese company continues to expand its business overseas.
India Awards: Exit of the Year – Apollo Hospitals
When Apax Partners first invested in Apollo Hospitals Enterprise, in 2007, “healthcare was a relatively undiscovered space for PE in India, even for the public markets for that matter,” says Shashank Singh, who heads the PE firm’s India office.
Crystal ball: Predictions for 2014
From fundraising and secondaries to deal flow and exit strategies, private equity professionals from across the region give their perspective on the year to come
PE firms bid for CVCI-owned BPO firm SourceHOV - report
Apax Partners, The Carlyle Group and Baring Private Equity Asia are said to be among bidders for SourceHOV, a business process outsourcing (BPO) firm jointly owned by Citigroup Venture Capital International (CVCI) and Mumbai-listed HOV Services.
India buyouts: Ceding control
India emerged as and remains a predominantly growth capital PE market, but economic and generational factors have conspired to make domestic companies more open to a buyout proposition
Apax adds to global outsourcing exposure
"Including GlobalLogic, Apax funds would have invested about $1.5 billion of equity in the outsourcing space in a number of transactions around the world," says Shashank Singh, partner at Apax Partners and head of their India office. "Technology spend...
Apax buys VC-backed IT developer GlobalLogic
Apax Partners is to acquire a majority stake in outsourced software product developer GlobalLogic (GL) in an all secondary deal. It has agreed to buyout existing investors WestBridge Capital, New Atlantic Ventures (NAV), New Enterprise Associates (NEA),...
Apollo mulls raising investment limit on global fund - report
Apollo Global Management is reportedly considering seeking approval to raise the limit on its new flagship fund in response to strong investor interest.
Apollo reaches $6.8b first close on global fund – report
Apollo Global Management has reportedly reached a first close of about $6.8 billion on its latest global fund. Apollo Investment Fund VIII set out with a target of $12 billion and has since introduced a hard cap of $15 billion.
Apax makes $22.6m from Apollo Hospitals partial exit
Apax Partners has made another partial exit from India’s Apollo Hospitals, generating proceeds of of INR1.28 billion ($22.6 million) via the National Stock Exchange.
HP to divest India’s MphasiS, PE firms eye deal – report
The Carlyle Group, The Blackstone Group, Advent International and Bain Capital are said to be in talks to buy HP’s 60.5% stake in Bangalore-based MphasiS, an IT services exporter. Domestic strategic players L&T Infotech and Tech Mahindra have also been...
Apax, Permira-backed New Look eyes China expansion
UK fashion retailer New Look, which is backed by Apax Partners and Permira, is looking to expand into China.