Twitter LinkedIn
    Friday, January 27
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Deals & Transactions»Apax takes majority stake in Herjavec Group
    Deals & Transactions

    Apax takes majority stake in Herjavec Group

    February 12, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Consolidation has been a constant feature in the channel over the past couple of decades but, increasingly, deals involve private equity.

    Managed services is an area where investments have been high and funds advised by Apax Partners have added another example to the growing list with a move to acquire a majority stake in MSSP Herjavec Group (HG). The terms of the deal were not disclosed.

    Founded in 2003, the firm has established itself as a leading player in the market and following the deal, its founder and CEO, Robert Herjavec, who is a significant stakeholder, will remain at the helm.

    The business has outposts in the UK, US, Canada and India, employing more than 300 staff, and has been developing its international business. Apax funds aim to help fuel Herjavec’s geographical expansion plans and invest in the firm’s threat and identity resources.

    Read More

    Source: ComputerWeekly

    By Simon Quicke

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    deals investment PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    University of California invests $4 bn in redemption-stricken REIT

    January 3, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    Warburg Pincus acquires K2 Insurance Services from Lee Equity Partners

    December 6, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    Comments are closed.

    Other Articles

    Bosses set to pocket millions selling to private equity: Offers pour in for John Laing, St Modwen, UDG Healthcare and Sanne Group

    May 20, 2021

    Blackstone Announces Strategic Investment in Life Science Logistics

    November 16, 2021

    Private capital AUM set to double to over $18tn in next five years

    October 6, 2022

    Preqin appoints new CTO to ‘accelerate technology transformation’

    May 20, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?