Welcome back to Apax Dispatch. In this edition, we bring you the latest episode of our podcast series, where you can hear from Apax's Dalia Rahman and Tosca's Karin Witton on all things sustainability. Staying on the theme of sustainability, you can also read our recently published Sustainability Report, which is now in its 10th year, and learn about the latest news from Apax, the Apax Foundation, the Funds' portfolio companies, and more.

We hope you will enjoy Apax Dispatch and, as always, welcome your feedback on how we can improve.

Podcast: 'Turning ideas into action' - lessons on sustainability from Tosca's Karin Witton

In the latest episode of our podcast, Dalia Rahman, ESG Specialist in Apax's Operational Excellence Practice, is joined by Karin Witton, Global Head of Sustainability for Apax Fund portfolio company Tosca, a leading provider of supply chain solutions and reusable packaging. In this episode, Karin gives our audience a whistle-stop tour into her varied career in Sustainability; her recent efforts at Tosca and how she is helping make an already inherently sustainable business even more so; insights into Tosca's inaugural Sustainability report, as well as tips and advice for other professionals in the Apax network who are starting, or on, their own sustainability journey.

Listen to the 17-minute podcast on our website, here . You can also find all our previous podcast episodes on Spotify and Apple Podcasts.

Apax Sustainability Report - Edition 10

In March, we published our annual Sustainability report. This edition - which marks a decade of sustainability reporting at Apax, having published our inaugural report in 2013 - highlights the wide-ranging sustainability initiatives undertaken at Apax and the Apax Funds' portfolio companies, including our comprehensive carbon measurement programme. You can also hear from Apax Fund portfolio companies, including Infogain, Lutech, and Toi Toi & Dixi, on their ESG initiatives.

You can view the full, interactive report by clicking here .

Video: The Apax Intelligence Platform

Over the past several years, we've built a comprehensive data analytics platform from scratch - The Apax Intelligence Platform - that has the ability to ingest, very quickly, huge quantities of portfolio company data. This platform powers several proprietary analytical tools that enable us to unleash the power of data to drive unique and actionable insights.

You can find out more from our Operational Excellence Practice by watching the video on our website, here .

Apax Foundation Spotlight: TERN

TERN - The Entrepreneurial Refugee Network - is one of the principal relationships in the Apax Foundation''s social mobility portfolio. The Apax Foundation has a particular interest in organisations that help refugees use the skills they bring to their new home countries and build fulfilling lives. TERN's work helps refugees achieve financial self-sustainability through entrepreneurship, connecting unutilised skills to market opportunities. Its long-term goal is to support 4,000 refugee entrepreneurs and launch 2,000 refugee-led businesses by 2025.

The Apax Foundation has supported TERN since its inception in 2017 and made a further 2-year commitment to it in February 2023. Our model is to have one of the future leaders of the firm engaged with each charity in our social mobility portfolio and we are delighted that Lara Markham, Vice President in Apax's Global Impact team, has succeeded Anders Meyerhoff as lead for TERN.

Click here to learn more.

In case you missed it

International Women's Day

In celebration of International Women's Day 2023, we asked women across Apax to share their thoughts on how we as a firm collectively embrace equity. You can read their thoughts here .

Apax's Annual Investor Meeting

After four years, it was great to come together again in person for our Annual Investor Conference in March. Thank you to everyone that attended.

Apax in the news

Apax Funds invest in travel tech company IBS Software

IBS Software is a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry. You can find out more here .

Real Deals' article on Apax's decarbonisation efforts

Following the publication of Apax's 10th Sustainability Report, Ellen de Kreij spoke to Real Deals about Apax's decarbonisation efforts. You can read more here (pay wall).

Duck Creek agrees to be acquired

Apax Fund portfolio company DuckCreek announced that it has been acquired by Vista Equity Partners for $19.00 per share, in an all-cash transaction. Find out more here .

Vyaire to sell consumables Business

Apax Fund portfolio company Vyaire announced that it is selling its consumables business. You can find out more here.

Magaya completes equity recapitalization led by the Apax Digital Funds

Magaya is a leading provider of supply chain automation and logistics software. You can find out more here .

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