LONDON, UK: Apax Global Alpha, the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it has invested approximately €3.2m in Petvisor on a look-through basis.
On 14th November 2023, the Apax Digital Fund II (“ADF II”), in which AGA is a limited partner, announced that it had invested in Petvisor (or “the Company”), a best-in-class veterinary and pet services business management and client engagement software platform.
In an age of increasing pet owner demand and pet service provider staffing challenges, Petvisor’s integrated suite of branded solutions empowers over 10,000 veterinary clinics with the tools they need to engage their customers, streamline their operations, and grow their businesses.
Following the transaction, the additional funding will be used to help Petvisor accelerate its R&D investments to bring even more product enhancements to customers. Alongside these product innovation efforts, the funding will also further support strategic acquisition opportunities to complement Petvisor’s already comprehensive software platform.
AGA, whose shares are 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.