Press

2017, a positive and active year

Apax Partners
€317m: invested, of which
€110m: co-invested by our investors
€278m: of proceeds

Portfolio companies
24 portfolio companies
60,300 employees
€7.4b: total revenue
18%: average EBITDA growth
16%: average revenue growth
19 build-ups
50%: international revenues

Paris (France), 29 March 2018 – Apax Partners confirms that 2017 was an active year in terms of investments, divestments and value creation for the portfolio companies. 2017 was also a positive year for Apax Partners with the launching of Development, its small cap activities and the European expansion in the Netherlands and Italy.

The value of investments and commitments was €317 million, including 3 new investments in CIPRES Assurances (MidMarket), Squad and Rautureau Group (Development). Apax Partners also generated €278 million worth of realisations. The 2017 divestments for MidMarket activities were the sale of shares in Altran and Gfi Informatique. 4 companies were exited in the Development activities.

The 24 companies in our portfolio at the end of 2017 posted an average EBITDA increase of 18% (against an increase of 5% for non-financial companies included in the CAC 40). The combined revenue amounts to €7.4bn with an average increase of 16% for the companies.

Eddie Misrahi, CEO of Apax Partnersindicated: “2018 is set to be just as active as 2017. Our next challenges are to complete the Development activity’s first fundraising and continue our European expansion in Italy which follows the announcement of the team’s development in the Netherlands earlier this year.”

The complete interview of Eddie Misrahi is available in the digital magazine Apax-Talks.

The 2017 annual report is available on Apax Partners’website.

About Apax Partners
www.apax.fr
@ApaxPartners_Fr

Apax Partners is a leading private equity firm in Europe. With 45 years of experience, Apax Partners provides long-term equity financing to build and strengthen world-class companies. Funds managed and advised by Apax Partners exceed €3 billion. These funds invest in fast-growing small and mid-market companies across four sectors of specialisation: TMT, Consumer, Healthcare and Services.

Contact

Coralie Cornet
Communications Director
+33 1 53 65 01 35
coralie.cornet@apax.fr

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