Apax Funds Acquire Bazooka Candy Brands

Ampex Brands Acquires Au Bon Pain from ABP Corporation (Panera Bread)

June 30, 2021

Restaurants & Hospitality

Ampex Brands, a large Yum! and 7‑Eleven franchisee based in Richardson, Texas, acquired Au Bon Pain from ABP Corporation, a subsidiary of Panera Bread. The deal (closed June 29) brings 171 Au Bon Pain locations into the Ampex portfolio, grants franchising rights to an additional 131 locations, and transitions Ampex into a franchisor role as it seeks to reopen, stabilize and expand the legacy bakery-café brand.

Apax Funds to Acquire Controlling Stake in Ole Smoky Distillery from Centerview Capital

February 11, 2022

Food & Beverage

Funds advised by Apax Partners LLP agreed to acquire a controlling stake in Ole Smoky Distillery from Centerview Capital, with founders Joe Baker, Cory Cottongim and management remaining significant shareholders. Apax said it will work with management to accelerate growth, invest in the core brand and support strategic acquisitions; the company (headquartered in Gatlinburg, Tennessee) sold over 1 million 9L cases in 2021 and operates four distilleries visited by millions annually.

Apax Partners Acquires Majority Stake in ADCO Group

August 5, 2019

Industrial Services

Funds advised by Apax Partners have agreed to acquire a majority stake in ADCO Group, the global market leader in mobile sanitary units (TOI TOI and DIXI brands). The existing shareholders will retain a significant stake; Apax plans to support ADCO's international expansion, product and service strengthening, and digitalisation initiatives. The transaction was announced August 5, 2019 and expected to close in Q4 2019, subject to regulatory approvals.

Barcel USA (Grupo Bimbo) Acquires Popcornopolis from NexPhase Capital

October 29, 2021

Food & Beverage

Barcel USA, the U.S. snack division of Grupo Bimbo, has acquired Popcornopolis LLC from private equity firm NexPhase Capital. Terms were not disclosed; Popcornopolis — a gourmet, ready-to-eat popcorn manufacturer and DTC brand — will join Barcel USA's snack portfolio following NexPhase's 2019 investment and recent retail and e-commerce growth.

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.

Europe Snacks Acquires Burts Snacks

February 8, 2023

Food & Beverage

France-based Europe Snacks, a portfolio company backed by Apax Partners, has agreed to acquire 100% of UK premium snack maker Burts Snacks, with the deal expected to close in March 2023. The acquisition expands Europe Snacks' presence in the UK (its largest snacking market), complements its product portfolio and combines manufacturing and supply-chain capacity across Burts' Plymouth and Leicester facilities.