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Apax Digital Fund agrees to sell Signavio to SAP

StockMarketWire.com

The Apax Digital Fund, in which Apax Global Alpha is a limited partner, announced that it had agreed to sell portfolio company Signavio, a provider of business transformation solutions, to SAP.

The transaction valued Apax Global Alpha's look through investment in Signavio at approximately €8.7 million, representing an uplift of about 80% to last unaffected valuations and an uplift of about €3.9 million in the adjusted net asset value of AGA at 30 September 2020.





At 8:33am: (LON:APAX) Apax Global Alpha Limited share price was 0p at 170.8p


Story provided by StockMarketWire.com