Private Equity Spotlight – Apax Partners

Apax Partners

Apax Partners is a British private equity firm, headquartered in London. Apax invests across four main sectors: technology, internet / consumer, healthcare and services.

 

Pricefx

455 employees

Founded in 2011 in Germany, Pricefx develops SaaS pricing software. Pricefx provides a suite of cloud-based pricing software tools – from price optimization, management (PO&M) to configure-price-quote (CPQ) for enterprise customers.

 

Wehkamp

842 employees

Dutch e-commerce company Wehkamp specializes in selling fashion, homeware and electronics online. The core businesses of Wehkamp Holding are wehkamp.nl, the leading Dutch online retailer in fashion, electronics and home & garden; and Lacent, a provider of consumer finance to Wehkamp customers.

 

Zellis Group

1,369 employees

UK headquartered Zellis Group provides payroll and HR software to customers. Formerly known as NGA Human Resources, and in 2018 acquired the benefits software developer Benefex. In April 2024, Apax agreed to buy Zellis from Bain Capital.

 

OCS / Finwave

527 employees (Combined)

OCS is a software and consultancy company for the retail financial market in Italy, Spain, and Mexico. Finwave specializes in financial software for factoring, leasing, post trading and global custody. In December 2023 Apax acquired OCS and Finwave, with a desire to combine the businesses whilst retaining their separate brands.

 

ClearBank

672 employees

ClearBank is an online bank that provides embedded banking services to other companies. ClearBank provides over 13 million accounts to the customers of financial brands. ClearBank a customer base of over 200 financial institutions and fintechs, including Tide, Coinbase, Chip and Oaknorth Bank.

 

EcoOnline

658 employees

Founded in 2000 and headquartered in Norway, EcoOnline develops environment, health and safety (EHS) software. In 2023, EcoOnline acquired Alcumus, a developer of risk management software. The company has over 10,000 customers around the world.

 

Xeneta

245 employees

Xeneta is an ocean and air freight rate benchmarking and market analytics platform serving customers in the shipping and logistics industry. Xeneta’s data comprises more than 300 million contracted container and air freight rates and covers more than 160,000 global trade routes.

 

Tide

2,104 employees

Tide provides SMEs with online bank accounts. Tide is live in the UK and Indian and has over one million customers. Tide has raised investment from investors including Apax Digital, Anthemis, Augmentum, Creandum, Goodwater, Jigsaw, Latitude, LocalGlobe, Passion Capital, SpeedInvest and The SBI Group.

 

Lutech

3,426 employees

Founded in 2001, Lutech is a leading Italian IT services and solutions provider. Lutech typically helps both private and public sector customers with digital transformation projects. Lutech‘s solutions include digital strategy definition, proprietary software, system integration and managed services.

 

Faculty

837 employees

Founded in 2014, Faculty helps customers transform their business via bespoke AI consultancy and Frontier, the world’s first AI operating system. Faculty develops AI software for technology, healthcare, engineering, and governmental organisations.