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Following the transaction, Apax will partner closely with IBS Software’s Founder and Executive Chairman, V K Mathews, who will remain the majority shareholder, the firm added.

Aanand krishnanJason wrightSoftware founderAndrew napierSimpson thacher bartlettJp morganKirkland ellisApax fundsExecutive chairmanGeneral atlanticAsia private equitySimpson thacherApax partnersIbs softwarePax deal with ibs softwareBs software investors