Investments
291Portfolio Exits
174Funds
21Partners & Customers
5Service Providers
3About Apax Partners
Apax Partners focuses on long-term investment in growth companies. Funds advised by Apax Partners invest in five sectors: Financial and Business Services, Healthcare, Media, Retail and Consumer, Tech, and Telecom.

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CB Insights Intelligence Analysts have mentioned Apax Partners in 2 CB Insights research briefs, most recently on Jul 14, 2021.
Latest Apax Partners News
Jan 31, 2023
Posted On January 31, 2023 CPP-LUXURY 0 Apax Partners , the London-based buyout firm, has agreed to inject £60m into Matchesfashion , which sells brands including Gucci, Prada and Valentino. The new capital will be split between £40m in equity and £20m in debt, with the latter element expected to be finalised in the short term. The additional financing underlines both the challenges that Apax has faced since acquiring Matchesfashion in 2017 and its confidence in new chief executive Nick Beighton’s turnaround plan. Mr Beighton, the former ASOS boss, was appointed last summer, the latest in a string of CEOs to be hired by Apax during more than five years of ownership. In a statement on Monday responding to an enquiry from Sky News, a spokeswoman for the company said: “Matchesfashion offers luxury brands an exclusive audience and our customers love the service we provide. “Our trading performance has been very strong in recent months and we are well-positioned as a business, having significantly strengthened our top team. “Now, with additional financial support from Apax Funds, we are well-placed to continue to drive our turnaround plan and deliver long-term commercial success.” The business is already said to have seen positive results under Mr Beighton, with one source saying that order demand was up 15% year-on-year during the key pre-Christmas trading period. This period also included Matchesfashion’s biggest-ever trading day, which was up 35% on the prior year, the source added. Its performance is understood to have been especially robust in the Middle East. Apax bought a controlling stake in Matchesfashion in a deal valued at about $1bn, but the investment has been beset by operational problems. Mr Beighton was drafted in to replace Paolo De Cesare, who joined the company as chief executive just ten months earlier. The former ASOS chief’s arrival made him the fourth boss of Matches in less than three years.In November 2021, its accounts flagged “material uncertainty” over its future without an improvement in its trading performance. Its fortunes resembled those of many online fashion retailers, which saw a COVID-inspired sales bounce evaporate. Mr Beighton spent more than a decade at ASOS, initially as chief financial officer before becoming CEO in 2015. He helped grow the company from £178m in revenue and 150 people when he joined, to sales of £3.9bn and a workforce of 15,000, including warehouse staff, when he left. Matches was founded at a single store in London in 1987, and now boasts 50 million visitors annually to its site. Its closest rivals include Farfetch and Net-a-Porter. Matchesfashion Follow us
Apax Partners Investments
291 Investments
Apax Partners has made 291 investments. Their latest investment was in Matches Fashion as part of their Private Equity on January 1, 2023.

Apax Partners Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/30/2023 | Private Equity | Matches Fashion | $49.5M | Yes | 5 | |
9/12/2022 | Private Equity | Pandat Finance | Yes | 1 | ||
2/14/2022 | Series E | YunZhangFang | $100M | Yes | 2 | |
2/9/2022 | Secondary Market | |||||
5/24/2021 | Series B |
Date | 1/30/2023 | 9/12/2022 | 2/14/2022 | 2/9/2022 | 5/24/2021 |
---|---|---|---|---|---|
Round | Private Equity | Private Equity | Series E | Secondary Market | Series B |
Company | Matches Fashion | Pandat Finance | YunZhangFang | ||
Amount | $49.5M | $100M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 5 | 1 | 2 |
Apax Partners Portfolio Exits
174 Portfolio Exits
Apax Partners has 174 portfolio exits. Their latest portfolio exit was Kepro on November 09, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
11/9/2022 | Merger | 7 | |||
10/6/2022 | Acq - Fin - II | 7 | |||
6/9/2022 | Acquired - II | 1 | |||
Apax Partners Acquisitions
143 Acquisitions
Apax Partners acquired 143 companies. Their latest acquisition was MailInBlack on September 12, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
9/12/2022 | Other Venture Capital | $16.16M | Acq - Fin | 3 | ||
7/25/2022 | Acq - Fin | 1 | ||||
7/19/2022 | Acq - Fin - II | 2 | ||||
6/7/2022 | ||||||
2/14/2022 | Private Equity |
Date | 9/12/2022 | 7/25/2022 | 7/19/2022 | 6/7/2022 | 2/14/2022 |
---|---|---|---|---|---|
Investment Stage | Other Venture Capital | Private Equity | |||
Companies | |||||
Valuation | |||||
Total Funding | $16.16M | ||||
Note | Acq - Fin | Acq - Fin | Acq - Fin - II | ||
Sources | 3 | 1 | 2 |
Apax Partners Fund History
21 Fund Histories
Apax Partners has 21 funds, including Apax Digital Fund II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
9/24/2021 | Apax Digital Fund II | $1,750M | 2 | ||
7/22/2021 | Apax Midmarket X | $1,893.94M | 1 | ||
1/29/2021 | Apax X USD | $11,000M | 3 | ||
9/5/2017 | Apax Digital | ||||
12/20/2016 | Apax IX |
Closing Date | 9/24/2021 | 7/22/2021 | 1/29/2021 | 9/5/2017 | 12/20/2016 |
---|---|---|---|---|---|
Fund | Apax Digital Fund II | Apax Midmarket X | Apax X USD | Apax Digital | Apax IX |
Fund Type | |||||
Status | |||||
Amount | $1,750M | $1,893.94M | $11,000M | ||
Sources | 2 | 1 | 3 |
Apax Partners Partners & Customers
5 Partners and customers
Apax Partners has 5 strategic partners and customers. Apax Partners recently partnered with Destiny on November 11, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
11/26/2019 | Partner | Belgium | Apax Partners succeeds Mentha Capital as investor in Destiny Group Daan De Wever , CEO and co-founder of Destiny , said : `` I 'm excited about the opportunity to partner with Apax Partners in the next phase of Destiny 's growth . | 1 | |
10/4/2016 | Partner | ||||
4/18/2016 | Partner | ||||
12/22/2012 | Partner | ||||
Partner |
Date | 11/26/2019 | 10/4/2016 | 4/18/2016 | 12/22/2012 | |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | Belgium | ||||
News Snippet | Apax Partners succeeds Mentha Capital as investor in Destiny Group Daan De Wever , CEO and co-founder of Destiny , said : `` I 'm excited about the opportunity to partner with Apax Partners in the next phase of Destiny 's growth . | ||||
Sources | 1 |
Apax Partners Service Providers
9 Service Providers
Apax Partners has 9 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Acq - Fin | Investment Bank | Financial Advisor | |
Service Provider | |||
---|---|---|---|
Associated Rounds | Acq - Fin | ||
Provider Type | Investment Bank | ||
Service Type | Financial Advisor |
Partnership data by VentureSource
Apax Partners Team
13 Team Members
Apax Partners has 13 team members, including current Chief Executive Officer, Martin Halusa.
Name | Work History | Title | Status |
---|---|---|---|
Martin Halusa | Chief Executive Officer | Current | |
Name | Martin Halusa | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer | ||||
Status | Current |
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