ALTAMIR: Robust business activity, despite the public health crisis
Paris, 4 February 2021 - Following an exceptional 2019, Altamir still had a strong year in 2020, in terms of both investment and divestment. In the context of the Covid-19 public health crisis, the private equity market was for the most part resilient, enabling the Apax France X and Apax X LP funds to continue deploying their capital, in particular in the second half. Divestment activity remained on a positive trend, with a particularly significant uplift of more than 20% over all divestments.
On 29 January 2021, Apax Partners LLP announced the successful closing of the Apax X LP fund, to which Altamir Gérance had initially decided to allocate €180m. The final size of the fund is more than $11bn and the Management Company decided to increase Altamir s commitment to €200m.
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Paris, 2 February 2021 - Vitruvian Partners, the international growth capital and buyout firm, has reached an agreement with Apax Partners SAS to acquire a majority shareholding in Expereo, the world s leading provider of Managed Internet, Cloud access and SD-WAN solutions. Apax Partners will remain as a minority shareholder alongside Vitruvian Partners and the company s management team, who will continue to lead the business. The completion of the transaction is subject to obtaining customary merger control clearances.
Expereo has a strong track record of growth, financial performance and value-enhancing acquisitions, solidifying its position as a market leader in providing managed Global Internet and network connectivity solutions to its communication service provider partners and an impressive array of multinational corporate customers spanning the globe.
ALTAMIR: Altamir to invest in Mentaal Beter via the Apax France X fund
Paris, 8 January 2021 - Apax Partners SAS has reached an agreement with NPM Capital NV to acquire 100% of the NL Mental Care Group B.V. (
Mentaal Beter), an innovative mental health care service provider in the Netherlands, operating through the brands Mentaal Beter, Vitalmindz, Alleskits and Opdidakt. This acquisition would be taken alongside the company s management team who will retain a stake in the company and will continue to lead the business.
This significant investment would enable Mentaal Beter to accelerate its digitalisation strategy to further improve access and quality of care in the coming years. Mentaal Beter also wants to internationalise its unique business model and skills across Europe.