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PE firm Apax Partners to invest $450 million in Blackstone-backed IBS Software

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.

Blackstone sells stake worth $450 mn in Indian firm IBS Software to Apax

Global VC firm Blackstone on Monday reached a definitive agreement to sell its stake in the Kerala-based software-as-a-service (SaaS) provider IBS Software to global private equity firm Apax for $450 million.Following the transaction, Apax will .

Apax Funds make approximately $450m investment in travel tech company IBS Software

Blackstone Sells Stake Worth $450 Mn In Indian Firm IBS Software To Apax

New Delhi, May 15 (IANS) Global VC firm Blackstone on Monday reached a definitive agreement to sell its stake in the Kerala-based software-as-a-service (SaaS)

Blackstone sells stake in IBS Software to Apax for $450 mn

Global VC firm Blackstone has decided to sell its stake in IBS Software to global private equity firm Apax for $450 million.

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