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Apax Partners Acquires A Majority Stake In Porsolt To Support Its Growth Strategy To Become A Global Leader In Preclinical Services.

Feb 21, 2023•almost 3 years ago

Acquiring Company

Apax Partners

Acquired Company

Porsolt

Venture CapitalBiotechnology

Description

Apax Partners, a leading European private equity firm, is excited to announce that it has acquired a majority stake in Porsolt, an internationally recognized Global CRO (Contract Research Organization).

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.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed