Apax Global Alpha Limited has announced that it has invested approximately €16.6 million in Bazooka Candy Brands. The investment was made by the Apax XI Fund, in which Apax Global Alpha is a limited partner. Bazooka Candy Brands is a portfolio of leading non-chocolate confectionery brands, including Ring Pop, Push Pop, Baby Bottle Pop, Juicy Drop, and Bazooka Bubble Gum. The company's products are distributed worldwide, with approximately 80% of sales in the US and the remaining 20% occurring internationally in over 40 countries. Bazooka is a top-10 manufacturer in the non-chocolate confectionery category in the US and holds a leading share position in 'front of store sales'. The company's US retail sales have grown approximately 29% year-over-year. Apax's Internet/Consumer sector team will work with Bazooka's management team to build on the success of the company's confectionery brands, focusing on distribution growth, product innovation, geographic expansion, and strategic acquisitions. The investment in Bazooka is calculated based on the look-through position of Apax XI's overall investment and is translated based on exchange rates. Apax Global Alpha Limited 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.