APAX IBS

The Apax strategy is more pivoted toward control deals, given its focus on being able to have a seat on the table to drive changes. It is, however, open to partnering with quality founders and management teams in minority settings "where there's a m...

Leo Puri has been hired as an Advisor and chairman of Apax India. He will provide mentorship, strategic advice, and assess new investment opportunities. With a wealth of experience, Puri will work closely with Anurag Sud, Rohan Haldea, and the Apax ...

The deal will value To The New at $600 million, sources said. Founded by IT veterans Deepak Mittal, Narinder Kumar, Raman Mittal and Satya Sharma, To The New is a new-age digital technology services firm providing product engineering, cloud, and Fin...

Following the transaction, Apax will partner closely with IBS Software’s Founder and Executive Chairman, V K Mathews, who will remain the majority shareholder, the PE firm said in a statement.

Apax is believed to have offered $450-$500 million for the stake, valuing IBS Software at $1.4-$1.5 billion, they said. JP Morgan is advising Blackstone to find a buyer for its stake. Apax, CVC Capital and Thomas H Lee Partners had been shortlisted ...