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Home » Articles » Private: Apax Funds make approximately $450m investment in travel & loyalty tech company IBS Software

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Apax Funds make approximately $450m investment in travel & loyalty tech company IBS Software

by GLO
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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, Apax…

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