Apax Partners

Thursday morning, rue21 Inc. (NASDAQ: RUE) was acquired by private equity firm Apax Partners. Shares will be acquired for $42 each, making the value of the acquistion around 1.1 Billion. rue21 will take the next 40 days to seek a better acquisition deal and will need shareholder approval before...

Private equity companies Blackstone Group (NYSE: BX), Apax Partners, TPG Capital and Carlyle Group reportedly have expressed interest in purchasing a stake in Reliance Communications' mobile-phone towers unit, according to people familiar with the matter. TPG and Carlyle are among those in talks...

Apax Partners LLP has announced it is acquiring a 70% stake in security-software maker Sophos Plc. Apax will pay $400 million for the acquisition. It will also assume a part of Sophos’ debt. The software company was earlier contemplating going public. Steve Munford, Chief Executive Officer of...