Apax Funds Acquire Majority Stake in Lutech from One Equity Partners

Funds Advised by Apax Partners Acquire Lexitas from Trinity Hunt Partners

November 5, 2019

Legal Services

Funds advised by Apax Partners (the Apax Funds) acquired Lexitas, a Houston-headquartered, technology-enabled litigation support services provider, from Trinity Hunt Partners and Lexitas management/other investors. The investment is intended to accelerate Lexitas's growth through geographic and salesforce expansion, technology differentiation, and strategic M&A.

Apheon Acquires Majority Stake in Hittech Group

November 12, 2024

Manufacturing

Apheon, a pan‑European private equity firm, has acquired a majority stake in Hittech Group from the company's founders and a consortium of private shareholders. The investment will support Hittech's growth plans — expanding its operational footprint, capabilities and entry into new geographies and end markets — while management and existing investors retain significant stakes.

Apax Funds to Acquire Finastra's Treasury and Capital Markets (TCM) Business

May 19, 2025

Software

Funds advised by Apax Partners LLP have entered into an agreement to acquire Finastra's Treasury and Capital Markets (TCM) business unit, which will be rebranded and operated as an independent company. The divestiture will streamline Finastra's portfolio and provide capital for reinvestment while enabling the TCM business to accelerate product development, cloud capabilities and customer-focused innovation under Apax ownership.

Apax Funds Increase Investment in ECI Software Solutions; GIC Joins with LGP

February 28, 2025

Cloud & SaaS

Apax Funds, advised by Apax Partners LLP, has reached an agreement to increase its equity stake in ECI Software Solutions and will become a co-control owner alongside Leonard Green & Partners (LGP); GIC also made a substantial new investment. The transaction is intended to support ECI’s continued growth — including accelerated M&A and international expansion — as the company continues to scale its cloud-based, industry-specific ERP and business management software.

Apax Funds Acquire OCS and Finwave to Create European Financial Software Platform

December 12, 2023

Software

Funds advised by Apax Partners LLP completed acquisitions of OCS (from Charme Capital Partners) and Finwave (from the Lutech Group), combining the two businesses into a scaled European financial software platform. The combined group starts with roughly €100 million in revenue and will continue operating under the OCS and Finwave brands while accelerating product development and international expansion.

Apax Digital Funds Lead Recapitalization of Magaya with Continued Support from LLR Partners

January 31, 2023

Software

Funds advised by Apax Digital completed an equity recapitalization of Magaya Corporation alongside existing investor LLR Partners and other shareholders. The transaction provides capital to support Magaya's organic growth, platform enhancements and strategic M&A; Magaya's founders remain minority shareholders and Apax/LLR representatives will join the company's board.