Funds Advised by Apax Acquire Nulo

Nav Acquires Assets of Nuula

January 26, 2023

Payments & Fintech

Nav has acquired the assets of fintech app Nuula to accelerate mobile app development and expand its small-business financial-health platform. The asset purchase brings Nuula technology and team members into Nav to enhance cash-flow insights, credit information, and mobile financing features for SMBs.

Apax Funds Acquire Majority Stake in Lutech from One Equity Partners

March 16, 2021

IT Services

Funds advised by Apax Partners have signed a definitive agreement to acquire a majority stake in Lutech SpA from One Equity Partners. The transaction will see Apax partner with Lutech's management to drive organic and inorganic growth, expand digital services capabilities and accelerate the company's M&A strategy; financial terms were not disclosed.

Apax Partners Acquires Alcumus from Inflexion for over £600m

February 11, 2022

Cloud & SaaS

Funds advised by Apax Partners LLP have agreed to acquire Alcumus from Inflexion for a transaction valuing Alcumus at over £600 million, generating a 5.9x return for Inflexion. Alcumus, a Cardiff-based provider of technology-led risk management and compliance solutions that has transitioned to a SaaS model, was backed by Inflexion since 2015 and expanded internationally through strategic acquisitions and organic growth.

Apax Funds Takes Norva24 Group AB Private

May 19, 2025

Infrastructure

Apax Funds (acting through Nordahl BidCo AB) completed a recommended cash offer to take Norva24 Group AB (publ) private with acceptance from roughly 98% of shareholders. The transaction follows exits by existing investors including Valedo Partners and Nordstjernan after a period of strong organic growth and more than 50 add-on acquisitions that grew Norva24 to roughly NOK 4bn in revenue.

Apax Partners Funds Acquire MyCase from AppFolio

September 8, 2020

Cloud & SaaS

Funds advised by Apax Partners agreed to acquire MyCase, a cloud-based legal practice management software business, from AppFolio for approximately $193 million in cash. The transaction is a divestiture by AppFolio; Apax intends to invest in product development, sales and marketing to accelerate MyCase’s growth under private equity ownership.

Nordic Capital Acquires Majority Stake in Duco

July 15, 2021

Data & Analytics

Nordic Capital has agreed to acquire a majority shareholding in Duco Technology Limited from existing investors CME Ventures, Insight Partners and Eight Roads Ventures. The investment will support Duco’s international expansion, product development and employee growth as the cloud-native, no-code data automation SaaS provider scales its business.