Apax Partners

Apax Partners was founded in 1972 as Multinational Management Group by Ronald Cohen and Maurice Tchénio. In 1977, the firm partnered with New York-based venture capitalist Alan Patricof, eventually consolidating under the Apax name globally by 2001. Over several decades, the firm expanded from a venture capital pioneer into a global powerhouse for large-scale buyouts and growth capital investments.

The firm historically focused on a wide range of sectors but currently concentrates its efforts on four primary industries: technology, internet/consumer, services, and healthcare. Apax is known for executing significant leveraged buyouts, such as the Yell Group transaction, which was at the time the largest non-corporate LBO in European history.

Headquartered in London, the firm operates an international network with offices in major financial hubs including New York, Hong Kong, Mumbai, Tel Aviv, Munich, and Shanghai. It manages a diverse investor base comprising pension funds, university endowments, and foundations, and has raised eleven major global buyout funds as of 2024.