ALTAMIR_REGISTRATION_DOCUMENT_2017

1

PRESENTATION OF THE COMPANY AND ITS ACTIVITIES

Presentation of the Company

APAX PARTNERS

APAX PARTNERS SAS

Apax Partners SAS is a major private equity company in French- speakingEurope. Based in Paris and headedby EddieMisrahi, the company has a team of 30 investment professionals organised by sector. Apax Partners SAS is the management company of the Apax FranceVIII fund raised in 2011 (€1.030bn), Apax France IX raised in 2016 (€1.030bn) and future funds. It is alsoAmboise Partners SA’s investment advisor for the legacy portfolio. The funds managed and advised by Apax Partners SAS total more than €3bn. They finance the long-term growth of mid-sized companies (€100m to €500m in enterprise value) in Europe. For more information, please visit: www.apax.fr. London-based Apax Partners LLP is one of the world’s foremost private equity firms. Apax Partners LLP invests inEurope (outside France), North America and the principal emerging economies (Brazil, China, India). It has a team of around 120 investment professionals, organised by sector and located in eight offices (London, New York, Munich, Tel Aviv, Mumbai, Shanghai, Hong Kong and São Paulo). The funds managed and advised by Apax Partners LLP total more than €42bn. They finance the long-term growth of large companieswitha valuebetween€500mand€3bn. The twomost- recently raised funds are Apax VIII LP, raised in 2013 ($7.5bn) and Apax IX LP, raised in 2016 ($9bn). For more information, please visit: www.apax.com. Because of their common history, Apax Partners SAS and Apax Partners LLP share a strategy based on financing growth and specialising by sector while positioning themselves on markets that complement each other in terms of geography and company size. The funds managed by the two companies take majority or leading positions in growing companies in the same four sectors of specialisation: TMT, Consumer, Healthcare and Services. In today’s competitive environment, the sector expertiseApax has developed since 1990constitutes a keydifferentiator in identifying the best investment opportunities, winning transactions and creating value. APAX PARTNERS LLP FINANCING GROWTH AND SPECIALISED BY SECTOR

Private equity pioneer Apax Partners was founded in 1972 by Maurice Tchenio in France and Ronald Cohen in the UK; they subsequently partnered with Alan Patricof in the United States in 1976. The Group was composed of independent companies in each country, sharing the same strategy, corporate culture and methods, but owned by local partnersmanaging domestic funds. It continued to grow using this model in the main European countries. In the early 2000s, the various national entities, with the exception of France, regrouped into a single management company, Apax Partners LLP, so as to raise large international funds and reorient their investment strategy towards transactions in excess of €1bn (large caps). The French entity opted to conserve itsmid-market positioning and remain independent. Two legal entities Apax Partners SA is the management company for the French private equity funds, fromthe first fund created in 1983 (ApaxCR) through to the Apax France VII fund raised in 2006. It has been Altamir’s investment advisor since its creation in 1995. As part of the succession plan that led Maurice Tchenio, founder of Apax Partners SA, to transfer the leadership of Apax Partners France to his partners at the end of 2010, a new management company was created: Apax Partners MidMarket SAS, licenced by the AMF (Autorité des marchés financiers) and chaired by Eddie Misrahi. The two French management companies have changed names. Apax Partners MidMarket SAS became Apax Partners SAS on 1 October 2017, andApax Partners SAbecame Amboise Partners SA on 1 January 2018. Today, two distinct legal entities operate under theApax Partners banner, with no cross-shareholdingbetween them: Apax Partners SAS, the management company for French funds, and Apax Partners LLP, which manages international funds. In the rest of this document, wewill use the following terms: “Apax Partners France” to indicate the activities of the French funds managed successively by Apax Partners SA and Apax Partners SAS; “Apax Partners” or “Apax” to indicate the activities of the funds managed by Apax Partners France and Apax Partners LLP.

20 REGISTRATION DOCUMENT

• ALTAMIR 2017

www.altamir.fr

Made with FlippingBook - professional solution for displaying marketing and sales documents online