Examples of Apax Group in a sentence
They state further, however, that certain partners and employees of the “Apax Group,” which includes Apax Partners LLP, have made investments in the Apax IX limited partnerships as part of a coinvestment commitment made by the Apax Group.
Resolution awarding an Emergency Contract/Purchase Order to Apax Group, LLC for purchase of N95 Filtration Masks during the COVID-19 Health Emergency in the amount of $29,000.00.
Apax Industri is a Swedish holding company of the Apax Group which is active in the sectors for the manufacturing of beds and upholstered furniture.
Derived Investment—Debt 20.5 3.4% A debt facility used to finance part of theco-investment commitments by Apax Group employees in Apax Europe VII.GlobalLogic Inc.
Where the Company makes Derived Investments in a portfolio company of an Apax Private Equity Fund, the Company believes that it will benefit indirectly through the ongoing support that the Apax Group provides the portfolio company.
From 2010 to 2014, the Apax Group reviewed approximately 1,300 potential private equity opportunities, of which approximately 300 deals were referred to the relevant investment adviser’s approval committee and approximately 75 to their investment committee, and approximately one third of these resulted in Apax Private Equity Fund investments.
Typically, Apax Private Equity Funds seek to acquire the right to nominate one or more directors on the boards of these portfolio companies, which they generally seek to fill with individuals of the Apax Group with relevant industry expertise.The Apax investment committee aims to review each portfolio company of an Apax Private Equity Fund and its development approximately twice per year, or more often where necessary.
The Apax Group gains insight into portfolio companies of Apax Private Equity Funds, which helps it to evaluate whether the same or other elements of the capital structure are attractive.The process of making Derived Investments can be summarised as follows:1.
Where the Apax Private Equity Fund is already invested in the target company, the Apax Group would expect, for example, to conduct due diligence particular to the class of the potential Derived Investment.
Identify—Potential investment opportunities are derived from the core private equity process of the Apax Group.