Apax Partners Funds to Acquire Baltic Classifieds Group

EQT IX Acquires idealista from Apax Partners for €1.3 Billion

September 10, 2020

Media & Entertainment

EQT IX (advised by EQT Partners) has agreed to acquire a majority stake in idealista, the leading online real estate classifieds platform in Spain, Italy and Portugal, from funds advised by Apax Partners for €1.3 billion. idealista, headquartered in Madrid, will continue to be led by founder and CEO Jesús Encinar, with management reinvesting; EQT plans to support product and service capability expansion and further market penetration across Southern Europe.

Apax Partners Acquires PIB Group from The Carlyle Group

January 25, 2021

Insurance

Funds advised by Apax Partners acquired PIB Group alongside PIB's management team; The Carlyle Group (PIB's existing investor) will re-invest for a minority stake. Financial terms were not disclosed; Apax said the investment will support PIB's continued organic growth and accelerated M&A and international expansion. PIB is a diversified insurance intermediary employing over 2,000 people across the UK, Channel Islands, Ireland, Germany, Poland and India.

Apax Partners Acquires Zellis Group from Bain Capital

April 15, 2024

Cloud & SaaS

Funds advised by Apax Partners LLP have entered a definitive agreement to acquire Zellis Group from Bain Capital. Zellis is a leading UK and Ireland payroll, HR and benefits software provider (headquartered in Bristol) with a high degree of recurring revenue, serving around one third of the FTSE 100 and processing pay for roughly 5 million people monthly; Apax said it will support further investments and M&A to accelerate growth.

Apax Funds Takes Norva24 Group AB Private

May 19, 2025

Infrastructure

Apax Funds (acting through Nordahl BidCo AB) completed a recommended cash offer to take Norva24 Group AB (publ) private with acceptance from roughly 98% of shareholders. The transaction follows exits by existing investors including Valedo Partners and Nordstjernan after a period of strong organic growth and more than 50 add-on acquisitions that grew Norva24 to roughly NOK 4bn in revenue.

Apax Partners Acquires Trade Me Group

May 8, 2019

E-Commerce

Funds advised by Apax Partners, alongside certain co‑investors, completed the acquisition of 100% of Trade Me Group Limited for NZ$6.45 per share (c.NZ$2.56bn / c.US$1.7bn). The transaction, approved by Trade Me’s board and shareholders, will see Apax partner with management to support the online marketplace’s next phase of growth.

BC Partners Acquires Majority Stake in Madison Logic

December 30, 2022

Marketing & Advertising

BC Partners has signed a definitive agreement to acquire a majority stake in Madison Logic, the global account-based marketing (ABM) platform, from Clarion Capital Partners. Clarion and other shareholders including CEO Tom O'Regan and co-founders Vin Turk and Erik Matlick will retain minority stakes; the deal (previously reported at a $750 million enterprise value) will support Madison Logic's growth and technology investment.