Internet / Consumer

The Apax Funds have invested in the consumer, retail, and media industries for many decades, and in the past ten years has catalysed, in partnership with world-class management teams, the successful digital transformation of many businesses, pivoting towards investments in digital-first companies and away from traditional bricks and mortar.

16%
AGA’s Invested Portfolio
as at 30/09/2023
2
Core sub-sectors

Online marketplaces

The Apax Funds have a strong track record in investing in online marketplaces globally.

Consumer packaged goods

Focus on investments in well-positioned consumer packaged goods brands, where businesses can be improved through a combination of distribution growth, geographic expansion, digital development, new product innovation, and the strategic acquisition of complementary brands.

Trade Me

  • Internet/Consumer
  • Fund
    Apax IX
  • % of Nav
    3
  • Entry year
    May 2019
  • Current valuation
    €38.4m
  • Geography
    Asia
Website

Founded in 1999, Trade Me is an online marketplace and classified advertising platform in New Zealand.

Cadence Education

  • Internet/Consumer
  • Fund
    Apax X
  • % of Nav
    3
  • Entry year
    2020
  • Current valuation
    €29.8m
  • Geography
    North America
Website

Leading multi-brand operator of private early childhood education centers in the U.S. with more than 225 centers in 26 states.

Cadence Education is one of the premier early childhood educators in the United States, operating more than 225 private preschools across the country. With more than 27 years in business, Cadence has developed an unparalleled expertise in preparing students to thrive in the next step of their childhood.