2018 ANNUAL REPORT

 2018 Key figures

3,5
bn
funds managed and advised
165
m
proceeds across all funds
509
m
investments and commitments including...
90
m
...co-invested by our investors
24
portfolio companies at 31 December 2018
64,400
people employed
6.1
bn
total revenue
17.1
%
average revenue growth
27.4
%
average EBITDA growth
13
build-ups acquisitions

investments

4 investments in market leading businesses

€509m were invested and committed, including €35m of follow-on investments to develop existing portfolio companies and €90m co-invested by our investors.

divestments

4 exits

Generated €165m proceeds across all funds.

Social report

Apax Partners is one of a handful of private equity firms to publish a corporate social responsibility report covering the companies in its portfolio.

Our reporting on ‘human capital’ includes workforce evolution, distribution of created jobs, and an analysis of social policies. All of our portfolio companies’ General Managers and Human Resources Directors participated in the report, ensuring the data provides a complete overview of Apax Partners’ 2017 year-end of portfolio companies.

In this report, the 2017 human capital results are compared with the 2016 data, so as to preserve a constant base.

EMPLOYMENT

64,400
employees
17,500
net employment increase

FRANCE

+
6
%
employment increase in France
33
%
of our portfolio companies’ workforce is in France

WAGES AND SALARIES

2.7
bn
total value of wages and salaries
+
24
%
average wages and salaries
14.6
m
allocated to employees

SOCIAL DIALOGUE

10
portfolio companies include employees as board members
18
portfolio companies concerned
125
collective agreements signed

TRAINING

1,066,000
training hours
9,084
employees received training
4
m
dedicated to improving the talents of the workforces
Apax Talks

NEWSLETTER

Apax Talks is a digital magazine aimed at company managers. It presents growth levers for SMEs, with a focus on TMT, consumer, healthcare and services sectors.