Apax Digital

Apax Digital is the dedicated growth equity and buyout arm of Apax Partners, a renowned global private equity firm. Based in New York, Apax Digital specializes in identifying and investing in leading software, Internet, and tech-enabled services companies worldwide. The firm focuses on businesses that demonstrate strong growth potential and are poised for significant scale, typically targeting companies with enterprise values ranging from $100 million to $1 billion. Their investment philosophy centers on partnering with management teams to accelerate growth through strategic initiatives, operational improvements, and international expansion.

The firm's investment strategy involves taking control or significant minority positions in its portfolio companies. Apax Digital leverages the extensive sector expertise and global network of its parent firm, Apax Partners, to provide deep operational support and strategic guidance. They seek to invest in businesses that benefit from secular trends such as digital transformation, cloud adoption, and increasing demand for data-driven solutions. This targeted approach allows them to focus on high-growth sub-sectors within the broader technology landscape.

Apax Digital has successfully raised substantial capital to execute its strategy. Their first dedicated fund, Apax Digital Fund I, closed in 2017 with commitments totaling $1 billion. Building on this success, they subsequently raised Apax Digital Fund II, which closed in 2021 at $1.1 billion, underscoring investor confidence in their specialized approach. For initial investments, Apax Digital typically deploys first cheques ranging from $50 million to $200 million, reflecting their focus on substantial growth equity and buyout opportunities within the technology sector. This significant capital base enables them to support their portfolio companies through various stages of their growth journey, including M&A activities and international expansion.