Apax Acquires Minority Stake in Hifield Group

Apax Partners Acquires Majority Stake in Herjavec Group

February 11, 2021

Cybersecurity

Funds advised by Apax Partners signed a definitive agreement to acquire a majority stake in Herjavec Group, a global managed security services provider. Founder and CEO Robert Herjavec will remain a significant stakeholder and CEO; financial terms were not disclosed. Apax said it will support international expansion, add security and identity resources, and advance HG's proprietary platforms.

Apax and Bpifrance Take Minority Stake in Pandat Finance

September 12, 2022

Financial Services

Apax (via its Apax Development fund) and Bpifrance acquired a minority stake in Pandat Finance, the leading French broker for cash investments, while founders David Guyot and Thomas Forest retain control. The investment will support Pandat Finance's growth plans — including hiring ~60 employees, expanding product expertise and opening new offices in France and neighbouring countries.

Apax-Backed Herjavec Group and Fishtech Group Merge to Form Cybersecurity Platform

December 30, 2021

Cybersecurity

Funds advised by Apax Partners LLP (the Apax Funds) are backing the merger of Herjavec Group and Fishtech Group to create a combined cybersecurity services company. The new, PE-backed entity will combine complementary managed detection & response (MDR), co-managed SIEM, identity and professional services capabilities and will be led by Robert Herjavec as CEO with Gary Fish as Chairman; financial terms were not disclosed.

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.

Apheon Acquires Majority Stake in Hittech Group

November 12, 2024

Manufacturing

Apheon, a pan‑European private equity firm, has acquired a majority stake in Hittech Group from the company's founders and a consortium of private shareholders. The investment will support Hittech's growth plans — expanding its operational footprint, capabilities and entry into new geographies and end markets — while management and existing investors retain significant stakes.

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.