Software consulting firm ThoughtWorks said it received a $720m investment at an enterprise value of $4.6bn from four new investors, including a pair of sovereign wealth funds.
In addition to Singapore’s GIC Private and Abu Dhabi’s Mubadala Investment, the new investors include German conglomerate Siemens and mutual fund giant Fidelity Management & Research.
Apax Partners is a leading European private equity firm. With more than 45 years of experience, Apax Partners provides long-term equity funding to build and strengthen world-class companies.
Funds managed and advised by Apax Partners exceed €4 billion. These funds invest in fast-growing small and mid-sized companies across four sectors of specialisation: Tech & Telecom, Consumer, Healthcare and Services. Apax Partners acquired Amplitude Surgical in 2011, carried out its IPO in 2015 and has been supporting its growth, with annual sales having increased from €45m in 2010-2011 to nearly €90m at 30 June 2020.
Read More: Private Equity News
Can’t stop reading? Read more
HPS and Apollo step in with $2.2bn buyout debt deal for ABC Technologies acquisition
HPS and Apollo step in with $2.2bn buyout debt deal for ABC Technologies acquisition HPS...
Ames Watson rescues Claire’s with $140m private equity takeover, halts liquidation plans
Ames Watson rescues Claire’s with $140m private equity takeover, halts liquidation plans Ames...
Blackstone powers $1.6bn takeover of electrical services firm Shermco
Blackstone powers $1.6bn takeover of electrical services firm Shermco Blackstone has agreed to...