Apax Global Alpha Limited has announced its plan to invest approximately €8m in IANS, a leading provider of tech-enabled research and advisory services in the information security industry. The investment is expected to be made through the Apax Digital Fund II, in which AGA is a limited partner. IANS is known for its focus on cybersecurity and its services for Chief Information Security Officers and their teams, including decision support content, professional development, tech-enabled research, consulting services, and a community for peer interaction. The partnership with ADF II is aimed at accelerating IANS' product development, expanding its value proposition, and scaling its go-to-market efforts to meet the increasing demand for InfoSec decision support services.
The investment is calculated based on the look-through positions of ADF II's overall investment in IANS and is translated based on the latest exchange rates available. AGA, listed on the London Stock Exchange, provides investors with access to a diversified portfolio of private equity funds advised by Apax, as well as a focused portfolio of mostly debt investments. In 2021, AGA made a commitment of $90m to ADF II. The transaction is expected to close in Q2 2024, subject to customary closing conditions.
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