(Alliance News) - Apax Global Alpha Ltd on Thursday said a firm within the portfolio had hurt its performance in the first quarter, after shareholders rejected a proposed wind-up of the company on Wednesday. Read More
(Alliance News) - Apax Global Alpha Ltd on Wednesday said it expects to invest around EUR8 million in IANS, an information services platform, focused exclusively on cybersecurity. Read More
(Alliance News) - Apax Global Alpha Ltd on Thursday said it will acquire Zellis UK Ltd through one of its funds. Read More
(Alliance News) - Witan Investment Trust PLC on Monday reported a rise in net asset value for last year alongside the departure of its Chief Executive Officer Andrew Bell after 14 years at the helm. Read More
Apax Global Alpha Ltd - Guernsey-based private equity trust investing on the technology, services, healthcare and internet-consumer sectors - Says its net asset value per share at December 31 dips 0.4% to EUR2.64 from EUR2.65 the year before. NAV total return for 2023 is 4.1%, compared to negative 7.4% the year before. Proposes final dividend of 5.64 pence per share for 2023, down 3.1% from 5.82p a year ago. Chair Tim Breedon says: "With investment activity in Private Equity ramping up in the second half of the year, there is strong momentum across the portfolio, with Apax's focus on driving performance through operating value creation being well suited in current markets." Read More
Apax Global Alpha Ltd - Guernsey-based private equity trust investing on the technology, services, healthcare and internet-consumer sectors - Says it will invest around EUR5.1 million in Integrated Environmental Solutions Ltd, a Glasgow-based software and consultancy group helping companies to optimise their buildings' energy use. On Tuesday the Apax Global Impact Fund, of which Apax Global Alpha is a limited partner, agreed to acquire a controlling stake in IES. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Apax Global Alpha Ltd - Guernsey-based investor in technology, services, healthcare, internet and consumer-focused firms, providing access to the private equity investments of Apax Partners LLP - Invests approximately EUR21.5 million in WGSN Ltd on a look-through basis. Limited partner Apax XI Fund announced on Thursday it had closed the acquisition of WGSN from London-based business-to-business media and events company Ascential PLC. WGSN, also headquartered in London, "is the world's leading consumer trend forecaster" with a platform designed to help clients use data to "make critical design and purchasing decisions". Apax Global says WGSN will now, in partnership with the Apax funds, focus on enhancing and expanding its product design and consumer insight products. Read More
(Alliance News) - Apax Global Alpha Ltd on Wednesday said it has invested around EUR3.2 million in Petvisor on a look-through basis to support its research and development. Read More
Apax Global Alpha Ltd - Guernsey-based investor which backs technology, services, healthcare, internet and consumer-focused firms, and is a limited partner of Apax Global Impact Fund - Says net asset value at September 30 was EUR2.59, up 16% from EUR2.24 at June 30. Adjusted NAV was unchanged from the previous quarter at EUR1.3 billion. Reports a NAV total loss of 0.1% as a result of declines in private equity, but said performance from the debt portfolio helped offset this. Partner at Apax and a member of the AGA investment committee, Ralf Gruss, says: "Despite a more challenging market backdrop, AGA is well positioned as seen by the resilience of the private equity portfolio and returns achieved by the company's debt investments. Over the past five years AGA has delivered an average total NAV return of [around] 12% and returned more than EUR300 million in dividends to shareholders. In the last quarter we have seen a step-up in activity across the private equity portfolio and we believe that Apax's focus on operating value creation is highly relevant in current markets." Read More
(Alliance News) - Apax Global Alpha Ltd on Friday said Apax Global Impact Fund acquired technology provider GAN Integrity Inc for an undisclosed fee. Read More
(Alliance News) - Apax Global Alpha Ltd on Wednesday said it has invested EUR16.6 million in Bazooka Candy Brands. Read More
(Alliance News) - Apax Global Alpha Ltd on Monday said Chair Tim Breedon will retire next year after nine years in the role. Read More
(Alliance News) - Apax Global Alpha Ltd on Wednesday said net asset value declined in the first half alongside its customary 5% dividend, but with a positive return after a dramatic fall the year before. Read More