Apax Global Alpha Limited (APAX)

Sector:

Investment Firms

Index:

FTSE 250

 142.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 165.20p
  • 52 Week Low: 136.20p
  • Currency: UK Pounds
  • Shares Issued: 488.98m
  • Volume: 397,073
  • Market Cap: £694.35m
  • RiskGrade: 195
  • Beta: 0.61

Apax Global Alpha's X Fund sells controlling stake in MyCase

By Iain Gilbert

Date: Friday 10 Jun 2022

LONDON (ShareCast) - (Sharecast News) - Investment outfit Apax Global Alpha revealed on Friday that the Apax X Fund, in which it is a limited partner, had sold its controlling stake in MyCase to AffiniPay.
Apax said the sale of MyCase, which provides cloud-based legal practice management software and payment services, valued AGA's current look-through investment in the portfolio company at approximately €22.5m, representing an uplift of about 48% to last unaffected valuations and roughly €7.3m in the adjusted net asset value of AGA as of 31 March.

The FTSE 250-listed firm noted that the purchase consideration for MyCase was made up of a combination of cash and stock. Following the transaction, Apax Funds remains a minority shareholder in the combined business.



Reporting by Iain Gilbert at Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

APAX Market Data

Currency UK Pounds
Share Price 142.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 165.20p
52 Week Low 136.20p
Volume 397,073
Shares Issued 488.98m
Market Cap £694.35m
Beta 0.61
RiskGrade 195

APAX Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
42.48% above the market average42.48% above the market average42.48% above the market average42.48% above the market average42.48% above the market average
13.36% above the sector average13.36% above the sector average13.36% above the sector average13.36% above the sector average13.36% above the sector average
Price Trend
30.72% below the market average30.72% below the market average30.72% below the market average30.72% below the market average30.72% below the market average
71.7% below the sector average71.7% below the sector average71.7% below the sector average71.7% below the sector average71.7% below the sector average
Income
83.20% above the market average83.20% above the market average83.20% above the market average83.20% above the market average83.20% above the market average
45.00% above the sector average45.00% above the sector average45.00% above the sector average45.00% above the sector average45.00% above the sector average
Growth
55.89% above the market average55.89% above the market average55.89% above the market average55.89% above the market average55.89% above the market average
47.52% above the sector average47.52% above the sector average47.52% above the sector average47.52% above the sector average47.52% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

APAX Dividends

  Latest Previous
  Interim Final
Ex-Div 12-Sep-24 14-Mar-24
Paid 03-Oct-24 04-Apr-24
Amount 5.50p 5.64p

Trades for 21-Nov-2024

Time Volume / Share Price
12:46 150,000 @ 142.80p
15:41 57,000 @ 142.16p
16:35 64,485 @ 142.00p
16:35 58 @ 142.00p
16:35 2,582 @ 142.00p

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