Apax sells Signavio – Apax Global Alpha says that the Apax Digital Fund, which Apax Global Alpha is a limited partner in, has agreed to sell Signavio, a leading provider of business transformation solutions, to SAP.
The transaction values Apax Global Alpha’s look through investment in Signavio at approximately €8.7m. This represents an uplift of about 80% to the last valuation and an uplift of about €3.9m (or €0.01 per share) to the NAV at 30 September 2020.
Note that these figures are stated before taking into account any closing adjustments, fees, costs, and carried interest, and translated based on the latest exchange rates available where applicable.
Founded in 2009, Signavio is a leading provider of SaaS-based business-process analysis and decision-management software that helps companies design, implement, analyse and manage complex processes, decisions and workflows. Signavio’s Business Process Intelligence Suite includes a centralised collaborative hub and three core product offerings : ‘Signavio Process Manager’, which allows customers to design and build process and decision models; ‘Signavio Workflow Accelerator’ which transforms business process models into standardised workflows; and ‘Signavio Process Intelligence’, which ingests transactional data from customers’ systems to analyse and optimise processes.