On 28
th December 2020, the Apax X Fund ( Apax X ), in which AGA is a limited partner, announced that it had entered into a definitive agreement to acquire the Software Products business from 3i Infotech, a global information technology company . The transaction is expected to close in early 2021, subject to shareholder and regulatory approvals. On a look through basis, AGA is expected to invest approximately €5.4m in the newly formed company, which will be named Azentio Software. Note that these figures relate to AGA s look through position of Apax X s overall investment in Azentio Software and are stated before taking into account any closing adjustments and are translated into Euro based on today s exchange rates where applicable.