Apax Partners Acquires Destiny from Mentha

Destiny (Dstny) Acquires Telepo and Soluno with support from Apax Partners

June 21, 2021

Cloud & SaaS

Destiny (Dstny), a Belgian UCaaS/secure cloud communications platform backed by Apax Partners, acquired Sweden-based UCaaS providers Telepo and Soluno. The add-on deals expand Destiny's platform footprint in the Nordics and strengthen its service-provider channel, creating a leading European UCaaS provider with ~€170m in turnover and ~2 million seats.

Serac and Xperi Merge with Investment from Mentha

November 9, 2020

IT Services

Dutch SAP Gold partners Serac and Xperi are merging to create a combined one-stop-shop for mid-market organizations seeking SAP solutions. Investment firm Mentha will take a stake in the new organization to support international growth and an expanded SAP offering across BusinessOne, ByDesign and S/4HANA.

Mentha Invests in Ciphix to Accelerate Hyperautomation Growth

April 18, 2023

Software

Mentha has entered into a partnership and taken an active shareholder role in Ciphix, a Rotterdam-based hyperautomation specialist that provides RPA, process mining, conversational AI, low-code and iPaaS solutions. The investment will support Ciphix’s growth strategy — including potential domestic and international acquisitions — to scale the company into a leading European hyperautomation provider.

Mentha Impact Invests in ImpactBuying to Accelerate International Growth

June 3, 2025

Data & Analytics

Mentha Impact has entered a strategic growth partnership with ImpactBuying, the Dutch market leader in supply-chain transparency software, to accelerate the company's international expansion and further develop its data and compliance platform. The investment will support scaling the software platform, verification services and go-to-market in Northwest Europe and beyond to help retailers and producers meet rising ESG and regulatory requirements.

Abenex Invests in Squad as Apax Partners Development Exits

January 12, 2021

Cybersecurity

French private equity firm Abenex has acquired a stake in Squad, a Paris‑headquartered cybersecurity and DevOps consultancy, as Apax Partners Development sells its participation. The transaction preserves founder and management ownership (founders Eric Guillerm and Marc Brua and 15 partner‑executives) and provides Squad with capital to support organic growth and future acquisitions.

Apax SAS Agrees to Acquire NL Mental Care Group (Mentaal Beter)

January 8, 2021

Healthcare Services

Apax SAS has agreed to acquire 100% of The NL Mental Care Group B.V. (operating as Mentaal Beter) from NPM Capital NV, with the company’s management retaining a stake and continuing to lead the business. The investment will support Mentaal Beter’s digitalisation strategy and international expansion across Europe, and is subject to approval from the Dutch Healthcare Authority (NZa) and the Dutch Competition Authority (ACM).