Lars Johansson

Apax Partners AB (AP-SE) is a private equity firm located in Stockholm, Sweden. AP-SE is a subsidiary of London-based Apax Partners Holdings Ltd. with the ultimate parent firm being UK-based Apax Partners Worldwide LLP which can trace their history to 1972. In 1972, Ronald Cohen and Maurice Tchenio co-founded the Multinational Management Group (MMG). In 1976, the Alan Patricof Associates firm joined forces with MMG to form Apax Partners. In 2002, the European and the US operating firms merged to become Apax Partners Worldwide LLP, headquartered in London. They also operate through offices in New York, Madrid, Milan, Munich, Paris, Tel Aviv, Mumbai and Hong Kong. AP-SE generally raises funds through investors such as financial institutions, foundations and endowments, banks and insurance companies in addition to pension funds. AP-SE's management typically invests a significant proportion of their own capital in the firms' investments. In 2005, the Apax Foundation was established for the group's charitable donations. The foundation supports entrepreneurial endeavors, social investment and educational initiatives aimed at alleviating poverty worldwide.