Apax Partners Acquires 3i Infotech's Software Products Business to Form Azentio Software

AZIO AI to Acquire 100% of Azio Corp’s AI Division

January 17, 2026

AI & Machine Learning

AZIO AI entered into a definitive agreement to acquire 100% of the AI division of Azio Corp, subject to customary closing conditions. The deal formalizes a previously announced spin-out, transferring Azio Corp’s AI-focused operations, customer relationships, and related commercial activity into AZIO AI as an independent company.

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 Partners Makes ~$450M Minority Investment in IBS Software

May 16, 2023

Cloud & SaaS

Funds advised by Apax Partners agreed to invest approximately $450 million to acquire a significant minority stake in IBS Software from Blackstone. The transaction will leave founder V K Mathews as majority shareholder and positions Apax as a strategic partner to help IBS accelerate growth of its cloud-native travel and logistics SaaS platform.

Centene Corporation Acquires Apixio

December 8, 2020

Data & Analytics

Centene Corporation has completed its acquisition of Apixio, a San Mateo–based healthcare analytics company that provides AI-powered technology solutions. Apixio will remain operationally independent within Centene's Health Care Enterprises group as Centene seeks to accelerate digitization and expand its analytics and AI capabilities.

Apax Partners Development Acquires Majority Stake in DIAPASON

November 20, 2020

Software

Apax Partners Development has taken a majority stake in DIAPASON, a France-based treasury, payments and risk management software provider. Apax will support DIAPASON's growth—targeting larger corporates and the mid-market, international expansion, and add-on acquisitions—while founder Pascal Kravitzch and the management team remain significant investors.

Adelis Equity Partners Acquires Majority Stake in Axentia Technologies

July 6, 2020

Transportation

Adelis Equity Partners has acquired slightly more than 50% of Axentia Technologies, becoming the company's majority owner while founders and management retain a significant stake. The investment will support Axentia's product development and international expansion of its low-power connected display systems and related software for the public transportation and rescue markets.