Abenex Invests in Squad as Apax Partners Development Exits

SQUAD Acquires SCASSI Conseil and SCASSI Ciberseguridad

May 13, 2024

Cybersecurity

French cybersecurity firm SQUAD (backed by Abenex) has taken a stake in and integrated SCASSI Conseil and its Spanish subsidiary SCASSI Ciberseguridad to broaden its industrial and embedded-systems cybersecurity capabilities and accelerate growth in Spain. The move strengthens SQUAD Group's 360° cybersecurity offering and supports the company's plan to become a European cybersecurity leader by 2026.

Abenex Invests in Groupe ESCG to Accelerate Expansion

January 6, 2022

Education

French private equity firm Abenex has made a minority growth investment in Groupe ESCG, becoming a reference shareholder to support the school's development alongside founder Gilles Samama. The investment will fund geographic expansion — including planned new campuses in Lyon and Marseille — and operational support to scale ESCG's work-study accounting training programs.

Abenex Invests in EDL (Edition et Développement Logiciels) to Accelerate Growth

May 11, 2021

Software

Abenex has become a new shareholder in EDL (Edition et Développement Logiciels), the French developer of Xplore, a RIS/PACS and medical-imaging software suite, to support the company’s development, governance structuring and international expansion. The investment will back EDL’s organic growth and targeted acquisitions while facilitating a leadership transition as one founder steps back from operational duties.

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 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.

Abenex Takes Minority Stake in Phenomen

September 6, 2023

Insurance

Abenex, a European private equity firm, has acquired a minority stake in Phenomen, a Paris-based insurtech specializing in contingency, embedded and event cancellation insurance. The investment will support Phenomen's operational and financial strengthening, accelerate its rollout across Europe, and enable transformative M&A to scale its Meetch (embedded insurance) and Leeloo (event cancellation) businesses.