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Apax Global Alpha to acquire majority stake in Infogain | 14 June 2021

14 June 2021 | 07:51am StockMarketWire.com - The Apax X Fund, in which Apax Global Alpha is a limited partner, announced that it had signed a definitive agreement to acquire a majority stake in Infogain, a Silicon Valley-based leader in digital platforms and software engineering services. Apax Global Alpha is expected to invest up to €22.1 million in Infogain. Founded in 1990 and headquartered in Los Gatos, California, Infogain provides human-centered digital platform engineering services to its customers. The transaction, expected to close in Q3 2021, is subject to customary closing conditions. Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.

Apax Global Alpha s Digital Fund leads funding round for AI firm

Apax Global Alpha s Digital Fund leads funding round for AI firm Tue, 25th May 2021 10:48 (Alliance News) - Apax Global Alpha Ltd said Tuesday its Digital Fund led a GBP30 million funding round for UK artificial intelligence firm Faculty. The Apax Digital Fund will invest about EUR2.0 million in the company on a look-through basis. Founded in 2014, Faculty has grown rapidly to become one of the world s most experienced teams of AI and machine learning specialists, able to support any organisation to make AI effective and drive value. The company has a specialist team that includes over 50 PhDs with experience of working with over 200 customers across the globe, Apax said.

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