
	Where results make sense

Topic: APAX

In the News (Wed 15 Feb 12)

EXECUTIVE POWER

Iran

ANALYSIS

Pakistan

Family compact

	Boycott Israel Campaign
		In year 2000, apax invested $100 million in to Israel with a plan to invest an additional 600 million over the next three years.
		This is the highest tribute ever awarded by the "State of Israel" in recognition of those individuals and organizations, that through their investments and trade relationships, have done the most to strengthen the Israeli economy.
		Apax is a substantial investor of institutional venture capital in "Israeli" growth companies.
	www.inminds.co.uk /boycott-apax.html (324 words)

	Encyclopedia: Apax Partners
		Apax Partners is a private equity and venture capital firm which operates in the United Kingdom, United States, Europe, and Israel.
		Apax invests in a series of business sectors including: telecommunications, IT, retail and consumer goods, media, healthcare and financial/business services.
		In 2000 Apax was a potential bidder for MG Rover, intending to continue production of Powertrain Ltd. engines and MG sportscars.
	www.nationmaster.com /encyclopedia/Apax-Partners (312 words)

	BBC NEWS \| Business \| Apax pulls plug on Woolworths bid (Site not responding. Last check: 2007-10-22)
		Apax said it had been "unable to confirm certain key cash items" and would not proceed with the bid.
		Apax declined to comment on what problems there were, saying only that they related to "key cash items".
		Others speculate that Apax may have realised it could not secure a quick-enough return on its investment to satisfy its financiers in what is a difficult retail environment.
	news.bbc.co.uk /1/low/business/4443095.stm (528 words)

	Apax Partners Private Equity Investment Group Fund Management Buyout
		Funds advised by Apax Partners today announced the proposed acquisition of a 49.9% stake in Trader Media Group from the Guardian Media Group.
		The BVCA has announced the formation of an independent working party under the Chairmanship of Sir David Walker to draw up a voluntary code on a comply or explain basis to address the transparency of the industry and levels of disclosure.
		Apax has been deeply involved with this initiative and fully supports it.
	www.apax.com (220 words)

	Apax homes in on House of Fraser Independent, The (London) - Find Articles
		Apax recently acquired the Tommy Hilfiger fashion empire, sold throughout the House of Fraser chain, in a $1.6bn ($917m) deal.
		Apax is likely to use equity from its sixth fund, a EUR4.3bn (pounds 2.9bn) fund closed in July 2005, to bid for House of Fraser.
		Apax was founded by Sir Ronald Cohen, who is said to be a close confidante of Gordon Brown.
	www.findarticles.com /p/articles/mi_qn4158/is_20060225/ai_n16182184 (626 words)

	Apax Partners to invest in India-India Business-NEWS-The Times of India (Site not responding. Last check: 2007-10-22)
		London-based private equity firm Apax Partners is raising a Euro 8.5 billion fund, part of which it hopes to invest in Indian companies that are likely to grow quickly as well as help those that are looking to buy foreign assets, many of which could come from its own portfolio.
		Apax is looking for long-term investment and buyout opportunities in the fast-growing technology, telecom, retail and consumer, media, healthcare and financial services sectors.
		Apax was one of three private equity firms that sold its ownership in Belgian wind turbine gearmaker Hansen Transmissions to Pune-based Suzlon Energy in a $465 million all-cash deal.
	timesofindia.indiatimes.com /NEWS/India_Business/Apax_Partners_to_invest_in_India/articleshow/589118.cms (392 words)

	Frontier Silicon \| Investors \| Apax Partners (Site not responding. Last check: 2007-10-22)
		Apax Partners is one of the world's leading private equity investment groups, operating across Europe, Israel, the United States and Japan.
		Apax Partners' Funds invest in companies across its six chosen global sectors of information technology, telecommunications, healthcare, media, financial services, retail and consumer.
		Apax Partners manages and advises over $12 billion on behalf of leading institutional investors around the world.
	www.frontier-silicon.com /company/investors/apaxpartners.htm (105 words)

	CBS News \| Tommy Hilfiger Accepts $1.6B Apax Bid
		While Apax did not detail its plans for Hilfiger, which went public in 1992 and is traded on the New York Stock Exchange, the firm is expected to be taken private.
		Apax's offer for the clothing designer is a 5 percent premium to Hilfiger's Thursday closing stock price of $16 on the New York Stock Exchange.
		Apax manages $20 billion worth of investments and one of its co-founders, Alan Patricof, helped finance Apple Computers Inc. and America Online when they were just startup businesses.
	www.cbsnews.com /stories/2005/12/23/ap/business/mainD8EM82I00.shtml (715 words)

	Israel Gitam Advertising Suing Ronald Cohen Apax Partners $4.88 Million
		Gitam advertising and public relations is suing Apax Partners for NIS 28 million, equivalent to $4.88 million.
		Apax states that it's "mission is to create wealth for the investors who have entrusted us with their capital by investing actively in companies." Apax has raised approximately $20 billion around the world for its clients.
		Apax has yet to file for permission to defend itself and could not be reached by the Israel News Agency for comment.
	www.israelnewsagency.com /gitamadvertisingcourtapaxcohenbezeqisrael8870616.html (984 words)

	Bain, Apax join group to buy Philips chip unit - Boston.com
		Financial specifics of the KKR deal and the Bain and Apax stake were not disclosed.
		Apax partner Christian Reitberger said Apax's investment is roughly similar to Silver Lake's stake, while Bain's is in line with KKR's.
		Apax and Bain were part of rival bidding groups during the auction.
	www.boston.com /news/world/europe/articles/2006/08/21/bain_apax_join_group_to_buy_philips_chip_unit (341 words)

	Privatisierung der Bundesdruckerei GmbH APAX Fonds erwerben die Bundesdruckerei GmbH
		Apax Partners and Co ist eine renommierte, international tätige Gesellschaft mit 13 Büros in 10 Ländern, die Eigenkapitalfonds mit einem Anlagevolumen von 8 Mrd.
		Apax Partners verfügt über 30 Jahre Erfahrung in Europa, davon 10 Jahre in Deutschland.
		Apax Fonds sind an namhaften deutschen Unternehmen beteiligt, u.a.
	www.bundesdruckerei.de /de/presse/pressearchiv/2000/p16_11_2000.html (394 words)

	WebWire \| Telenor Satellite Services to be acquired by Apax Partners
		Apax Partners intends to pursue the development of the company in Norway and abroad.
		Apax Partners will rely upon TSS’ management and employees to pursue the development of the company in Norway and abroad, and to continously enhance its services to meet the needs of its customers," said Bertrand Pivin, Partner at Apax Partners in Paris.
		Apax Partners is one of the world’s leading private equity investment groups.
	www.webwire.com /ViewPressRel.asp?aId=22693 (587 words)

	BP’s Chief to Join Apax Partners - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times
		Apax, which has invested more than $19 billion in its 30-year history, traditionally focused on the United States and Britain, and has expanded to include the rest of Europe in recent years.
		Apax is not alone in its expanding ambitions; its rivals are also going global.
		Apax Partners’ ability to inject much needed capital to developing markets will not only serve the interests of investors but also those in the developing world.
	dealbook.blogs.nytimes.com /2007/01/16/bps-chief-to-join-apax-partners (510 words)

	M2 Presswire : Apax Partners Funds and iNova Capital invest euro39 million in The Wisdom Group. @ HighBeam Research (Site not responding. Last check: 2007-10-22)
		Apax Partners Funds and iNova Capital invest euro39 million in The Wisdom Group.
		Madrid, Spain/London, UK -- Funds advised by Apax Partners, one of the world's leading private equity investment groups, and iNova Capital, have invested in the Spanish companies owned by the Perez Dolset family, to create The Wisdom Group, specialising in interactive entertainment.
		The Wisdom Group`s assets are comprised of the companies brought in by the aforementioned shareholders alongside a euro39 million investment by Apax Partners and iNova Capital (euro34 million and euro5 million respectively).
	static.elibrary.com /m/m2presswire/april272004/apaxpartnersfundsandinovacapitalinvesteuro39millio/index.html (234 words)

	Apax Partners Appoints Carol Olson Venture Partner to Expand and Enhance Healthcare Investment Team (Site not responding. Last check: 2007-10-22)
		Olson will be primarily responsible for developing and implementing healthcare divestiture strategies and for identifying opportunities and providing counsel for Apax and its portfolio companies in the biotechnology sector.
		At Aviron, she was also responsible for driving the commercialization of the company's research and development pipeline and identifying business development opportunities to optimize the company's value and strategic position.
		I believe my skill set can be leveraged ideally with their emerging expertise in strategic divestitures and I look forward to working closely with their exciting and growing portfolio of companies as well as with the pharmaceutical and biotechnology companies that are seeking to complete divestitures or spin-outs.
	www.forrelease.com /D20040210/sftu011.P2.02102004000933.29291.html (459 words)

	GrandPrix.com > News > Apax and David Richards
		What is interesting about this is that Apax has strong links with motorsport, notably in the World Rally Championship where the company owns 49% of David Richards's Prodrive company.
		Apax is not short of money as it runs more than 20 different investment funds worth more than $5bn.
		That would certainly be one option although Richards might also negotiate a deal for Apax to fund the purchase of BAR with the long-term goal being to float the team.
	www.grandprix.com /ns/ns06134.html (297 words)

	Mivtach Shamir, Apax agree on Tnuva distribution \| News \| Mergers/Acquisitions \| Reuters
		An industry source said Apax would eventually hold about a 51 percent stake and shareholders would retain between 20 and 25 percent of shares.
		Apax won a tender competition in November to buy at least 51 percent of Tnuva in a bid that valued the privately held food and dairy group at $1.03 billion.
		Apax was one of five groups that bid for Tnuva, which is owned by kibbutzim, or collective farms, and agricultural communities.
	www.reuters.com /article/mergersNews/idUSL0852287320070308 (301 words)

	FLEXNEWS - Israel: Mivtach Shamir Says in Talks with Apax over Tnuva
		In November Apax, one of the world's largest private equity firms, won a tender to buy control of Tunva in a bid that valued the privately held food and dairy group at $1.03 billion.
		Apax was was one of five groups that bid for Tnuva, which is owned by 620 kibbutzim, or collective farms, and agricultural communities.
		Apax's winning bid was just a recommendation brought by the management of Tnuva, a Tnuva spokeswoman said at the time.
	www.flexnews.com /pages/6879/Israel/israel_mivtach_shamir_says_talks_apax_tnuva.html (513 words)

	VoodooVox - Press Release (Site not responding. Last check: 2007-10-22)
		Funds advised by Apax Partners, one of the world's largest private equity firms, funded the round, the terms of which were not disclosed.
		Apax Partners is one of the world's leading private equity investment groups, operating across the United States, Europe, and Asia.
		Apax Partners focuses on six industry sectors: information technology, telecommunications, retail, healthcare, media and financial services.
	www.voodoovox.com /press/apax_funding.jsp (562 words)

	Variety.com - Part of Lauder's CME stake sold to Apax
		Apax is paying $190 million in cash for a 49.7% stake in a limited partnership.
		Deal, expected to close on Friday, will mean Apax controls a 7.8% stake in the Bermuda-based company.
		Among such high-profile deals were a buyout by several equity firms of SBS Broadcasting in Western Europe, as well as Stateside deals for MGM last year and for Univision, which is still pending.
	www.variety.com /article/VR1117949220?categoryid=1443 (460 words)

	Transmission Gears Manufacturers,Transmission Gears Suppliers,Steering Shafts Manufacturers,Axle Shafts Suppliers (Site not responding. Last check: 2007-10-22)
		Apax Products is one of the manufacturers and suppliers of transmission gears, steering shafts, axle shafts, stub axles spindles, transmission shafts in India.
		Apax Products has made a distinct mark for itself in manufacturing, marketing and distribution of transmission gears, axle shafts, crown wheel and bevel pinion and spindles for tractor and automobile.
		Apax Products is equipped with high precision machines for gears up to class '8' accuracy.
	www.indiamart.com /apax (445 words)

	Apax Partners crea un fondo de cuatro mil millones de euros (Site not responding. Last check: 2007-10-22)
		Apax Europe V es el mayor fondo europeo destinado a la financiación empresarial, según la compañía.
		Apax destinará aproximadamente 1.500 millones de euros (249.579 millones de pesetas) del nuevo fondo a sociedades en su primera fase de desarrollo, según aseguró Ronald Cohen, presidente de Apax Partners.
		Apax Partners está desarrollando también su presencia en España, donde podría invertir hasta 270,4 millones de euros (45.000 millones de pesetas) en los próximos tres años.
	expansion.recoletos.es /2001/02/16/empresas/12emp.html (257 words)

	Netimperative - Hope of internet capital from Apax's EU4.4bn fund (Site not responding. Last check: 2007-10-22)
		Apax Partners today announced that at its first closing, the fund which was oversubscribed, reached a capacity of EU4bn.
		According to Sir Ronald Cohen, chairman of Apax Partners Ventures Holdings, “approximately EU1.5bn of the new fund is allocated to investment in early stage companies”.
		A spokesperson at Apax Partners said that it has not yet been determined how much will go towards the internet sector and that it will depend on the growth of the sector at the time of investment.
	www.netimperative.com /2001/02/15/Hope_of_internet (382 words)

	Apax Partners - Home
		Funds advised by private equity firms Apax Partners and TPG today announce the sale of TIM Hellas Telecommunications S.A., the third largest mobile phone carrier in Greece, to Weather Investments SPA.
		Bain Capital and Apax Partners today announced that they had signed definitive commitments to join an expanded private equity consortium that has agreed to acquire an 80.1 percent stake in the Semiconductor Division of Royal Philips Electronics (NYSE:PHG, AEX:PHI).
		The rise of the internet buy-out With the internet bubble long over and the detritus cleared away, many of the companies that survived the rise and fall of the technology markets are profitable.
	www.apax.co.uk /index.html (418 words)

	Guardian Unlimited \| The Guardian \| Greg Dyke and Apax on short list of bidders for BBC Broadcast
		Apax Partners, the venture capital firm that counts Greg Dyke as an adviser, yesterday emerged as a frontrunner to acquire BBC Broadcast, the corporation's transmission and branding business put up for auction last December.
		Following what the BBC described as an "extensive evaluation process" of 18 preliminary bids, Apax was selected to go ahead with a bid alongside French electronics group Thomson-Technicolor, Australian private equity firm Macquarie Group and Exponent Private Equity, a UK buy-out firm co-founded by former 3i director Tom Sweet-Escott.
		The corporation is thought to be concentrating on selling BBC Broadcast before tackling the trickier proposition of disposing of BBC Resources, its studio and post-production arm which was also deemed "non-core" in an internal review last year.
	www.guardian.co.uk /business/story/0,3604,1491529,00.html (392 words)

	Guardian Unlimited \| The Guardian \| Apax considers bid for Woolies
		Woolworths could soon be taken into private hands after private equity group Apax Partners said it was considering a bid for the British retailer.
		Apax said its deliberations on a bid are at a "very early stage" and that it would look to get a recommendation for any bid from the Woolworths board.
		Yesterday the firm was somewhat frosty about the Apax approach, and said its trading in January had been positive.
	www.guardian.co.uk /business/story/0,3604,1402942,00.html (594 words)

	VC Ratings: Apax's venture capital retreat is a sign of the times
		Apax Partners hadn't been busy in venture capital in recent years.
		And Apax wasn't too ashamed to joke about the firm's mistakes.
		And the firms such as Apax that pursued the hybrid model are concentrating on private equity.
	vcratings.thedealblogs.com /2007/03/apaxs_venture_capital_retreat.php (375 words)

	PSL receives last-minute reprieve in Apax and BHF - Computeract!ve (Site not responding. Last check: 2007-10-22)
		The division will be sold to the management team and venture capitalists for #15.5 million in cash - to be paid on completion - as well as a deferred #500,000 payable in the event that PSL is successfully resold or floated by the management team.
		But Apax declared that any forthcoming deal with the venture capitalist would be subject to PSL implementing an updated IT system.
		He also indicated that Apax wanted to eradicate PSL's dependency on Hewlett Packard, as it is one of two high-end specialist distributors in the UK and would look to sign up additional vendors.
	msn.computeractive.co.uk /news/60930 (525 words)

	Growth Business: Apax refocuses (Site not responding. Last check: 2007-10-22)
		For more than 30 years, Apax – which bills itself the largest venture capital investor in Europe – has been a supplier of seed capital to growing entrepreneurial businesses.
		Now, though, the company, which last year appointed diplomat’s son Martin Halusa as its new chief (and Cohen’s heir apparent), is to cease making investments of less than 10 million (£6.9 million).
		Despite some press reports, however, Apax is not curtailing its involvement with fledgling ventures altogether.
	www.growthbusiness.co.uk /news/market-view/page_2/2038/apax-refocuses.thtml (228 words)

Try your search on: Qwika (all wikis)