DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software
Tag: Morgan
OptiGroup successfully raises EUR 100 million additional debt from leading investors
GÖTEBORG, Sweden, May 15, 2023 /PRNewswire/ — OptiGroup has raised EUR 100 million via a first lien term loan tap issue in a private transaction in addition to its current EUR 425m first lien and EUR 200m second lien debt financing. Leading international and Nordic institutions participated, and the transaction was oversubscribed. The strong interest… Continue reading OptiGroup successfully raises EUR 100 million additional debt from leading investors
Apax Funds make approximately $450m investment in travel tech company IBS Software
DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software
OptiGroup successfully raises EUR 100 million additional debt from leading investors
GÖTEBORG, Sweden, May 15, 2023 /PRNewswire/ — OptiGroup has raised EUR 100 million via a first lien term loan tap issue in a private transaction in addition to its current EUR 425m first lien and EUR 200m second lien debt financing. Leading international and Nordic institutions participated, and the transaction was oversubscribed. The strong interest… Continue reading OptiGroup successfully raises EUR 100 million additional debt from leading investors
Apax Funds make approximately $450m investment in travel tech company IBS Software
DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software
OptiGroup successfully raises EUR 100 million additional debt from leading investors
GÖTEBORG, Sweden, May 15, 2023 /PRNewswire/ — OptiGroup has raised EUR 100 million via a first lien term loan tap issue in a private transaction in addition to its current EUR 425m first lien and EUR 200m second lien debt financing. Leading international and Nordic institutions participated, and the transaction was oversubscribed. The strong interest… Continue reading OptiGroup successfully raises EUR 100 million additional debt from leading investors
Apax Funds make approximately $450m investment in travel tech company IBS Software
DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software
OptiGroup successfully raises EUR 100 million additional debt from leading investors
GÖTEBORG, Sweden, May 15, 2023 /PRNewswire/ — OptiGroup has raised EUR 100 million via a first lien term loan tap issue in a private transaction in addition to its current EUR 425m first lien and EUR 200m second lien debt financing. Leading international and Nordic institutions participated, and the transaction was oversubscribed. The strong interest… Continue reading OptiGroup successfully raises EUR 100 million additional debt from leading investors
Elon Musk Subpoenaed in Jeffrey Epstein Lawsuit
Not a great look for Elon. Subpoena Envy Welp, it finally happened. As court documents reveal, Elon Musk and Tesla have been subpoenaed by the US Virgin Islands in a lawsuit accusing JPMorgan Chase & Co of “knowingly” benefitting from — and perhaps even facilitating — Jeffrey Epstein’s sex trafficking. “JP Morgan knowingly facilitated, sustained,… Continue reading Elon Musk Subpoenaed in Jeffrey Epstein Lawsuit
Apax Funds make approximately $450m investment in travel tech company IBS Software
DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software