29th Aug 2024 13:34
Apax Global Alpha Ltd - closed-ended investment company providing access to Apax private equity funds - Invests EUR29 million in Veriforce LLC on a look-through basis via Apax XI Fund, which has agreed to buy a controlling stake in the Woodlands, Texas-based supply chain risk management solutions provider. Apax notes that Veriforce serves 1,300 clients in more than 140 countries from hubs in the US, Canada and the UK. Apax Global Alpha committed about USD700 million to Apax XI back in June 2022.
Current stock price: 149.14 pence
12-month change: down 11%
By Tom Waite, Alliance News editor
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