Technology

Tech makes up the largest part of the portfolio and is a sector in which Apax has invested for over 30 years. The team primarily invests in software, tech-enabled services, and telecom.

41%

of AGA’s Invested Portfolio

As at 31/03/2024
3
core sub-sectors

Software

The team focuses on building sub-sector champions in software, partnering with businesses in areas such as enterprise resource, planning services, cloud delivery models and more.

Tech-enabled services

Demand for tech-enabled services has grown rapidly, including the arrival of next-generation cloud platforms, mobile and web applications, and the Internet of Things, with the Apax Funds investing behind these trends.

Telecom

Extensive experience investing in cable and satellite operators, particularly in Europe.

Bonterra

  • Technology
  • Fund
    Apax X/AGI
  • % of Nav
    3
  • Entry year
    2021
  • Current valuation
    €37.7m
  • Geography
    North America
Website

Bonterra is a leader in social good technology, amplifying the work of those who help our world by bringing together people, technology, ideas, and insights.

IBS Software

  • Technology
  • Fund
    Apax XI
  • % of Nav
    3
  • Entry year
    2023
  • Current valuation
    €34.2m
  • Geography
    Rest of World
Website

IBS Software is a provider of modern software solutions to the global travel and logistics industry.

Founded in 1997, IBS Software provides software as a service (SaaS) solutions, managing mission-critical operations to many of the world’s leading passenger and cargo airlines, airports, hotel chains, cruise lines and logistics players. Backed by a team of 3900+ professionals, its portfolio of modular, cloud-based SaaS solutions bring innovation and enables profitable growth for customers. Its areas of operations span cargo and logistics, flight operations, passenger services, loyalty programs, cruise operations, energy & resource logistics and hospitality distribution platforms.

Odido

  • Technology
  • Year of investment
    2022
  • Fund
    Apax X
  • % of Nav
    3
  • Entry year
    2022
  • Current valuation
    €31.2m
  • Geography
    Europe
Website

Odido (formerly T-Mobile Netherlands) is one of the leading telecom providers in the Netherlands, with circa 8 million customers. The company offers services to both consumers and business customers.