Skip to content
Home/GPs/Apax Partners
DetailCard
Apax Partners

Apax Partners

London, United Kingdom·Founded 1981··apax.com

Apax Partners LLP is a global private equity firm headquartered in London, investing in buyout and growth deals across the Tech, Services, Healthcare and Internet/Consumer sectors. The firm is authorised by the UK Financial Conduct Authority under FRN 119175. Since inception Apax has raised aggregate commitments of more than USD 77 billion across all of its funds.

AUM
€70.8B
Funds
7
vintages 2013–2024
Portfolio
71
Exits
16

Apax Partners is a London buyout firm with €70.8B AUM, 71 active companies and 16 exits.

Key takeaways
  • ·9 exits in the last 5 years · consistent DPI cadence.
  • ·Average hold across 16 realized deals: 5 years.
  • ·Best return: 4.2x MOIC on Boats Group (2021).
  • ·Fund cadence: ~2Y between vintages · last raise 2024.

Sector breakdown

83 companies
SaaS
16 · 19%
Business Services
12 · 14%
E-commerce
6 · 7%
Consumer
5 · 6%
Financials
4 · 5%
Data & Analytics
4 · 5%
Fintech
4 · 5%
MedTech
4 · 5%

Geography breakdown

18 geographies
US
32 · 39%
UK
14 · 17%
France
7 · 8%
Germany
6 · 7%
Italy
5 · 6%
India
4 · 5%
Norway
3 · 4%
Spain
2 · 2%

Key facts

HQLondon, United Kingdom
Founded1981
Websiteapax.com

Recent exits

Faculty

Apax Partners sold Faculty to Accenture in 2026 after 5 years.

Paycor HCM

Apax Partners sold Paycor HCM to Paychex in 2025 after 7 years.

AssuredPartners

Apax Partners sold AssuredPartners to Arthur J. Gallagher in 2025 after 6 years.

Genius Sports

Apax Partners took Genius Sports public in 2024 after 6 years.

Coverage notes

7 funds tracked, 87 portfolio companies (71 active · 16 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Apax Partners has raised, with its portfolio companies. Hand-checked from public filings.

7 funds
Apax XI
Buyout2024€11.0B12 assets1 exits

Unrealized

12 held
CompanyEntry
Altus Fire & Life Safety
Business Services · US
2024
atHome
PropTech · Italy
2025
Centor
Industrials · US
2026
CohnReznick
Business Services · US
2025
Evelyn Partners (S&W Group)
Financials · UK
2025
Norva24
Business Services · Norway
2025
Primary Packaging Plastics
Industrials · Germany
2026
Sedex
Data & Analytics · UK
2026
Teciem
Fintech · UK
2026
WGSN
Data & Analytics · UK
2024
Yad2
E-commerce · Israel
2025
Zellis Group
SaaS · UK
2024

Realized

1 exit
CompanyEntryExitTypeBuyerMOIC
Metaware
Software · France
20162018Trade SaleMannai Corporation–
Apax Global Impact Fund
Impact2023€828M3 assets

Unrealized

3 held
CompanyEntry
Foods Connected
SaaS · UK
2025
Integrated Environmental Solutions
ClimateTech · UK
2024
OCS
Business Services · Italy
2023
Apax Digital Fund II
Growth2022€1.6B15 assets

Unrealized

15 held
CompanyEntry
atHome Group
PropTech · Luxembourg
2025
CEME
Construction · France
2022
DLRdmv
SaaS · US
2025
EcoOnline
SaaS · Norway
2022
Finwave
SaaS · Italy
2023
GAN Integrity
SaaS · Denmark
2023
greytHR
HR Tech · India
2024
Magaya
SaaS · US
2023
Mailinblack
Cybersecurity · France
2022
MillTech
Fintech · UK
2026
PetDesk
SaaS · US
2023
RapidSOS
AI/ML · US
2025
Swing Education
EdTech · US
2023
Vitaprotech
Cybersecurity · France
2022
Xeneta
Data & Analytics · Norway
2022
Apax X
Buyout2021€10.1B15 assets1 exits

Unrealized

15 held
CompanyEntry
Azentio
SaaS · Singapore
2021
Bazooka Candy Brands
Consumer · US
2023
Eating Recovery Center
Healthcare · US
2021
IBS Software
SaaS · India
2023
Lutech
IT Services · Italy
2021
Nulo
Consumer · US
2021
Odido
Telecom · Netherlands
2022
Ole Smoky Distillery
Consumer · US
2022
OnCourse Home Solutions
Business Services · US
2021
Palex Medical
MedTech · Spain
2023
PIB Limited
Financials · US
2021
PIB plc
Financials · UK
2021
Pickles Auctions
E-commerce · Australia
2022
Rodenstock
MedTech · Germany
2021
SavATree
Business Services · US
2021

Realized

1 exit
CompanyEntryExitTypeBuyerMOIC
Paycor HCM
SaaS · US
20182025Trade SalePaychex–
Apax Digital Fund
Growth2017€920M10 assets3 exits

Unrealized

10 held
CompanyEntry
BIP (Business Integration Partners)
Business Services · Italy
2018
Crosscall
Consumer · France
2018
Fractal Analytics
AI/ML · India
2019
Graitec
SaaS · France
2020
MetaMetrics
EdTech · US
2019
Moda Operandi
E-commerce · US
2017
Pricefx
SaaS · Germany
2020
Prove
Fintech · US
2020
Tide
Fintech · UK
2021
Unilabs
Healthcare · Switzerland
2017

Realized

3 exits
CompanyEntryExitTypeBuyerMOIC
Faculty
AI/ML · UK
20212026Trade SaleAccenture–
Genius Sports
Data & Analytics · UK
20182024IPOPublic market–
Signavio
SaaS · Germany
20192021Trade SaleSAP–
Apax IX
Buyout2016€8.3B11 assets4 exits

Unrealized

11 held
CompanyEntry
Accurate Background
HR Tech · US
2020
Authority Brands
Business Services · US
2018
Candela
MedTech · US
2017
Coalfire Systems
Cybersecurity · US
2020
ECi Software Solutions
SaaS · US
2017
Lexitas
Business Services · US
2019
Safetykleen
Business Services · UK
2017
ThoughtWorks
IT Services · US
2017
Toi Toi & Dixi
Business Services · Germany
2019
Tosca Services
Logistics · US
2017
Trade Me
E-commerce · New Zealand
2019

Realized

4 exits
CompanyEntryExitTypeBuyerMOIC
AssuredPartners
Financials · US
20192025Trade SaleArthur J. Gallagher–
Baltic Classifieds Group
E-commerce · Lithuania
20192021IPO––
Healthium MedTech
MedTech · India
20182024Trade SaleKKR–
Inmarsat
Telecom · UK
20192023Trade SaleViasat–
Apax VIII
Buyout2013€6.9B1 assets7 exits

Unrealized

1 held
CompanyEntry
Europe Snacks
Consumer · France
2013

Realized

7 exits
CompanyEntryExitTypeBuyerMOIC
Boats Group
E-commerce · US
20162021SecondaryPermira4.2x
Duck Creek Technologies
SaaS · US
20162020IPO––
GardaWorld
Business Services · Canada
20122017Trade SaleRhone Capital–
GENEX Services
Healthcare · US
20142018SecondaryStone Point Capital–
idealista
PropTech · Spain
20152020SecondaryEQT–
Neuraxpharm
Pharma · Germany
20162020SecondaryPermira3.5x
Paradigm
TMT · US
20122017Trade SaleEmerson Electric–

Other portfolio companies

4 more Apax Partners investments not tied to a tracked fund.

About Apax Partners

Apax Partners is one of the oldest international private equity firms with approximately $77-80 billion of aggregate capital raised across its history, headquartered in London with offices in New York, Munich, Tel Aviv, Mumbai, Shanghai, Hong Kong and Abu Dhabi. The firm was founded in 1981 and has developed its sector-led investment approach across more than four decades of buyout, growth and digital investing. Apax remains a partner-owned private partnership. The most recent flagship buyout vehicle, Apax XI, closed in 2024 at its $12 billion hard cap, with continued deployment across the platform's other active strategies.

Investment thesis

Apax deploys capital through approximately 12 to 15 active vehicles spanning global buyout (Apax X and Apax XI), digital growth, global impact, mid-market Israel and credit strategies, with sector specialisation across technology, services, internet and consumer and healthcare. The firm's value-creation model combines sector-led origination with an in-house Operational Excellence Practice and the KnowledgeNow Network connecting portfolio executives globally. Capital is deployed into majority and significant minority stakes in profitable European, North American, Asian and selectively emerging-market companies, with average equity tickets calibrated to the upper end of the European and global buyout market.

Recent activity

Recent realised exits include realisations across technology and AI services (2026), analytics and technology (2026) and professional services across 2025. Recent acquisitions include Yad2 (internet and consumer classifieds, 2025) and the Evelyn Partners professional services arm (services, 2025). Apax continues to deploy capital across its current Apax XI vintage while expanding the digital growth and mid-market Israel strategies.

Frequently asked questions

What investment strategy does Apax Partners focus on?
Apax Partners focuses on Buyout, Growth strategies in the private equity space.
How many portfolio companies does Apax Partners have?
Apax Partners has 71 active portfolio companies and 16 completed exits and 7 funds tracked on GP Intel.
Where is Apax Partners headquartered?
Apax Partners is headquartered in London, United Kingdom.
What is Apax Partners's assets under management?
Apax Partners manages approximately €70.8B in assets under management.
When was Apax Partners founded?
Apax Partners was founded in 1981.
What sectors does Apax Partners invest in?
Apax Partners invests across TMT, Software, Healthcare, Consumer, Business Services, Financials.
What are Apax Partners's recent exits?
Recent realized exits by Apax Partners include: Faculty (2026) to Accenture; Paycor HCM (2025) to Paychex; AssuredPartners (2025) to Arthur J. Gallagher; Genius Sports (2024) to Public market; Healthium MedTech (2024) to KKR; Inmarsat (2023) to Viasat; Signavio (2021) to SAP; Boats Group (2021) to Permira, 4.2x.
Look up another firm or company
Last updated October 2026 · Sourced from public filings · Report an issue