Investegate |Apax Global Alpha Ld Announcements | Apax Global Alpha Ld: Funds Advised by Apax invest in Azentio Software
On 28 th December 2020, the Apax X Fund ("Apax X"), in which AGA is a limited partner, announced that it had entered into a definitive agreement to acquire the Software Products business from 3i Infotech, a global information technology company . The transaction is expected to close in early 2021, subject to shareholder and regulatory approvals. On a look through basis, AGA is expected to invest approximately €5.4m in the newly formed company, which will be named Azentio Software. Note that these figures relate to A...
Source: investegate.co.uk