Apax-Backed Herjavec Group and Fishtech Group Merge to Form Cybersecurity Platform

Apax Partners Acquires Majority Stake in Herjavec Group

February 11, 2021

Cybersecurity

Funds advised by Apax Partners signed a definitive agreement to acquire a majority stake in Herjavec Group, a global managed security services provider. Founder and CEO Robert Herjavec will remain a significant stakeholder and CEO; financial terms were not disclosed. Apax said it will support international expansion, add security and identity resources, and advance HG's proprietary platforms.

Herjavec Group Acquires SEGMENTECH

October 13, 2021

Cybersecurity

Herjavec Group, the global cybersecurity firm led by Robert Herjavec, has acquired SEGMENTECH, a North American cybersecurity services specialist focused on Identity and Privileged Access Management (IAM/PAM). The acquisition expands Herjavec Group's IAM and PAM capabilities and adds SEGMENTECH's CyberArk-focused implementation and DevSecOps expertise to its service offering.

Apax Acquires Minority Stake in Hifield Group

September 2, 2021

Cybersecurity

Apax Partners Development has acquired a minority stake in Hifield Group to support the company's growth across France and Europe. The investment will help Hifield (and its subsidiaries Almond and Rampar) scale cybersecurity, cloud and managed infrastructure services, accelerate its SaaS Security Rating product, and pursue organic and targeted acquisition-driven expansion.

Apax Acquires CyberGrants from Waud Capital Partners

June 15, 2021

Cloud & SaaS

Funds advised by Apax Partners have agreed to acquire CyberGrants, a SaaS provider of corporate social responsibility (CSR), employee engagement, and volunteer management software, from Waud Capital Partners. The transaction (financial terms undisclosed) is expected to close in Q3 2021; Apax plans to support product enhancement and growth into new markets.

Apax Funds Combine EveryAction, Social Solutions and CyberGrants into $2B Social Good Software Platform

August 4, 2021

Software

Funds advised by Apax (the "Apax Funds") agreed to acquire EveryAction from Insight Partners and Social Solutions from Vista Equity Partners and will combine those assets with CyberGrants (recently acquired by Apax) to form a next-generation social good SaaS platform with an expected enterprise value of $2 billion. The combined company will bring together omni-channel engagement, case management, and corporate philanthropy solutions to serve nonprofits, public-sector agencies and corporate donors, with combined revenue expected above $200 million.

CyberMaxx Acquires CipherTechs

February 28, 2023

Cybersecurity

Periscope Equity portfolio company CyberMaxx has acquired CipherTechs to expand its suite of cybersecurity services, combining offensive, defensive, DFIR, and GRC capabilities. CyberMaxx also announced the appointment of Brian Ahern as CEO as the combined business targets broader growth across regulated industries.