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Apax to acquire Warburg's stake in Odido

PRIVATESep 26, 2026

Acquiring Company

Apax Partners

Acquired Company

Odido

AmsterdamVenture CapitalHardware

Description

Apax is nearing a deal to buy Warburg Pincus's stake in Odido, valuing the company at approximately €6.5 billion. This acquisition comes after Odido postponed its IPO plans amid market volatility. Apax and Warburg previously acquired the company in 2021 for €5.1 billion. The move solidifies Apax's full ownership of the telecom operator.

Company Information

Company

Apax Partners

About

Apax Partners is one of the leading private equity firms in Europe. With 50 years of experience, Apax Partners works with companies over the long term to make them leaders in their sector. The funds managed and advised by Apax Partners amount to over €5 billion. These funds invest in high-growth SMEs and SMIs in four sectors of specialisation: Tech & Telecom, Services, Health and Consumer Goods. Apax Partners sas, based in Paris (www.apax.fr), and Apax Partners LLP, based in London (www.apax.com), have a common history but are two independent firms.

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Frequently asked

Who acquired Odido?

Odido was acquired by Apax Partners. The deal was reported on September 26, 2026. Apax Partners is one of the leading private equity firms in Europe. With 50 years of experience, Apax Partners works with companies over the long term to make them leaders in their sector. Apax Partners is privately held and operates in Venture Capital.

When did Apax Partners acquire Odido?

Apax Partners's acquisition of Odido was reported on September 26, 2026. Apax is nearing a deal to buy Warburg Pincus's stake in Odido, valuing the company at approximately €6.5 billion. This acquisition comes after Odido postponed its IPO plans amid market volatility. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Odido do?

Odido is a Dutch telecommunications group formerly known as T-Mobile Netherlands. The company provides mobile and fixed-line services to consumers and businesses. It was rebranded as Odido after a joint investment by Apax and Warburg Pincus. It is privately held, operating in Hardware, and is based in Amsterdam.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.